New Hampshire Statutes
§ 396:7 — Removal
New Hampshire § 396:7
JurisdictionNew Hampshire
Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Ch. 396REGULATION, CONSERVATION, AND REORGANIZATION UNDER DIRECTION OF THE BANK COMMISSIONER
This text of New Hampshire § 396:7 (Removal) 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. § 396:7 (2026).
Text
The commissioner may remove a conservator at pleasure. He shall terminate such appointment when he deems the interest of the depositors and other creditors no longer requires conservatorship and permit such institution to resume the transaction of its business subject to such terms, conditions, restrictions, and limitations as he may prescribe. If at any time the commissioner deems it in the interest of depositors and other creditors to liquidate any institution under his supervision, whether under regulation or conservatorship or not, he may proceed under the provisions of RSA 395, and the appointment of a conservator of such institution may be vacated or continued by order of court thereunder.
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Legislative History
1933, 114:1. RL 317:7.
Nearby Sections
14
§ 396:1
Regulation§ 396:10
Federal Benefits§ 396:10-a
Open-Bank Assistance§ 396:11
Reorganization§ 396:12
Retirement, Restoration§ 396:13
Other Powers Not Limited§ 396:2
Notice§ 396:3
Violation of Orders§ 396:4
Limitation of Actions§ 396:5
Conservator§ 396:6
Powers and Duties§ 396:7
Removal§ 396:8
Review and Appeal§ 396:9
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Bluebook (online)
New Hampshire § 396:7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/396/396%3A7.