New Hampshire § 395:29 New Deposits

New Hampshire Statutes

§ 395:29 — New Deposits

New Hampshire § 395:29

Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

Ch. 395LIQUIDATION UNDER SUPERVISION OF THE BANK COMMISSIONER

SubdivisionReduction of Deposits

This text of New Hampshire § 395:29 (New Deposits) 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. § 395:29 (2026).

Text

If any institution whose deposit accounts have been reduced under the provisions of this chapter shall afterward receive new deposits it shall keep its accounts, and in all respects conduct its business relating to such new deposits, as if it were a separate institution, distinct from the one in which the old deposits were made; and if proceedings shall be commenced against such institution to wind up its affairs the court may make the same applicable to either or both parts of such business. Notice of such proceedings shall be given by publication in one or more newspapers published in the county where the institution is located.

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If any institution whose deposit accounts have been reduced under the provisions of this chapter shall afterward receive new deposits it shall keep its accounts, and in all respects conduct its business relating to such new deposits, as if it were a separate institution, distinct from the one in which the old deposits were made; and if proceedings shall be commenced against such institution to wind up its affairs the court may make the same applicable to either or both parts of such business. Notice of such proceedings shall be given by publication in one or more newspapers published in the county where the institution is located.