New Hampshire Statutes
§ 384-F:13 — No Concurrent Maintenance of Federal Branches or Agencies
New Hampshire·Title XXXV BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS·Ch. 384-F THE NEW HAMPSHIRE INTERNATIONAL BANKING ACT·Subdivision Direct Branch, Agency, and Representative Offices of Foreign Banks
I.No foreign bank which is licensed under this chapter to establish and maintain a New Hampshire state branch or New Hampshire state agency shall concurrently maintain a federal branch or federal agency in this state.
II.No foreign bank which maintains a federal branch or federal agency in this state shall concurrently be licensed under this chapter to maintain a New Hampshire state branch or New Hampshire state agency.
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New Hampshire § 384-F:13 (No Concurrent Maintenance of Federal Branches or Agencies) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
1997, 236:1, eff. July 1, 1997.
Nearby Sections
15
§ 384-F:1
Title and Purposes§ 384-F:11
Application to Establish and Maintain a Branch or Agency; Manner of Filing and Determination§ 384-F:12
Application Fee§ 384-F:14
Powers of Branch and Agency§ 384-F:15
Fiduciary Activities§ 384-F:16
Authority to Act as Agent§ 384-F:18
Representative Office; Application§ 384-F:2
Definitions§ 384-F:22
Posting of License