New Hampshire § 384-F:17 Representative Office of Foreign Banks;  Necessity of Licensure

New Hampshire Statutes

§ 384-F:17 — Representative Office of Foreign Banks; Necessity of Licensure

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 shall establish or maintain a New Hampshire state representative office unless such foreign bank is licensed by the commissioner to maintain such a New Hampshire representative office.

II.Nothing in paragraph I shall be deemed to prohibit a foreign bank which maintains a federal agency or federal branch in this state from establishing or maintaining one or more New Hampshire representative offices.

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I. No foreign bank shall establish or maintain a New Hampshire state representative office unless such foreign bank is licensed by the commissioner to maintain such a New Hampshire representative office.
II. Nothing in paragraph I shall be deemed to prohibit a foreign bank which maintains a federal agency or federal branch in this state from establishing or maintaining one or more New Hampshire representative offices.

New Hampshire § 384-F:17 (Representative Office of Foreign Banks; Necessity of Licensure) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.