New Hampshire § 384-F:35 Separate Assets

New Hampshire Statutes

§ 384-F:35 — Separate Assets

New Hampshire § 384-F:35

Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

Ch. 384-FTHE NEW HAMPSHIRE INTERNATIONAL BANKING ACT

SubdivisionDirect Branch, Agency, and Representative Offices of Foreign Banks

This text of New Hampshire § 384-F:35 (Separate Assets) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 384-F:35 (2026).

Text

I.Each foreign bank which is licensed to establish and maintain a New Hampshire state branch or New Hampshire state agency in this state shall keep the assets of its business in this state separate and apart from the assets of its business outside this state.

II.The creditors of a foreign bank arising out of transactions with, and recorded on the books of, its New Hampshire state branch or New Hampshire state agency shall be entitled to absolute preference and priority over the creditors of such foreign bank's offices located outside this state with respect to the assets of such foreign bank in this state.

Free access — add to your briefcase to read the full text and ask questions with AI

I. Each foreign bank which is licensed to establish and maintain a New Hampshire state branch or New Hampshire state agency in this state shall keep the assets of its business in this state separate and apart from the assets of its business outside this state.
II. The creditors of a foreign bank arising out of transactions with, and recorded on the books of, its New Hampshire state branch or New Hampshire state agency shall be entitled to absolute preference and priority over the creditors of such foreign bank's offices located outside this state with respect to the assets of such foreign bank in this state.