New Hampshire § 399-G:26 Prudential Standards;  Net Worth

New Hampshire Statutes

§ 399-G:26 — Prudential Standards; Net Worth

New Hampshire § 399-G:26

Title XXXVIPAWNBROKERS AND MONEYLENDERS

Ch. 399-GLICENSING OF MONEY TRANSMITTERS

This text of New Hampshire § 399-G:26 (Prudential Standards; Net Worth) 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. § 399-G:26 (2026).

Text

I.A licensee shall maintain at all times a tangible net worth of the greater of $100,000 or 3 percent of total assets for the first $100 million, 2 percent of additional assets for $100 million to $1 billion, and 0.5 percent of additional assets for over $1 billion.

II.Tangible net worth must be demonstrated at initial application by the applicant's most recent audited or unaudited financial statements pursuant to RSA 399-G:8, II(f).

III.The commissioner shall have the authority to exempt in whole or in part any applicant or licensee from the requirements of paragraphs I and II for good cause shown.

IV.For purposes of this section, a licensee that issues proprietary cryptocurrency, non-fungible tokens, or other digital assets shall not include the value of such assets when calculating

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I. A licensee shall maintain at all times a tangible net worth of the greater of $100,000 or 3 percent of total assets for the first $100 million, 2 percent of additional assets for $100 million to $1 billion, and 0.5 percent of additional assets for over $1 billion.
II. Tangible net worth must be demonstrated at initial application by the applicant's most recent audited or unaudited financial statements pursuant to RSA 399-G:8, II(f).
III. The commissioner shall have the authority to exempt in whole or in part any applicant or licensee from the requirements of paragraphs I and II for good cause shown.
IV. For purposes of this section, a licensee that issues proprietary cryptocurrency, non-fungible tokens, or other digital assets shall not include the value of such assets when calculating tangible net worth. For purposes of calculating net worth under this section, cryptocurrency, non-fungible tokens, or other digital assets shall be considered "proprietary" when such assets are developed or created by the licensed entity. Nothing in this paragraph shall prevent a licensed entity from including the reasonable value of cryptocurrency, non-fungible tokens, or other digital assets developed or created by other entities and held as assets when calculating tangible net worth.