Section 396:9 – Preferred Stock or Shares.
396:9 Preferred Stock or Shares. – Notwithstanding any other provision of law the stock or shareholders of any institution under the supervision of the commissioner, with or without conservatorship, having capital stock or shares, including certificates of ownership of capital, surplus and undivided profits or guaranty or special funds may by majority vote of […]
Section 395:31 – Reports by Commissioner.
395:31 Reports by Commissioner. – The commissioner shall incorporate in his annual report a statement showing the condition of any institution in his possession. Source. 1911, 68:19. PL 268:30. RL 316:31.
Section 395:20 – Payment of.
395:20 Payment of. – In the absence of an express written agreement to the contrary, any person paying to the depositor of a bank closed or in liquidation under this chapter or in any manner, a part or the whole of his deposit therein shall be subrogated to the rights of such depositor to […]
Section 395:21 – Objections to Claims.
395:21 Objections to Claims. – Objections to any claim not rejected by the commissioner may be made by any person interested by filing a copy of such objections with the commissioner, who shall present the same to the court at the time of the next application for permission to declare a dividend. The court […]
Section 395:22 – to 395:25 Repealed by 1965, 214:2, eff. Jan. 1, 1966.
395:22 to 395:25 Repealed by 1965, 214:2, eff. Jan. 1, 1966. –
Section 395:26 – Procedure.
395:26 Procedure. – Whenever any institution of whose property and business the commissioner takes possession as aforesaid deems itself aggrieved thereby, it may at any time within 10 days thereafter apply to the court to discontinue further proceedings; and the court, after notice to the commissioner and hearing, may dismiss such application or direct […]
Section 395:27 – By Commissioner.
395:27 By Commissioner. – Whenever it appears to the commissioner advisable, or upon the petition of the trustees or directors of the institution, he may, with the approval of a justice of the superior court, reduce pro rata the deposit account of each depositor therein, whenever the value of its assets is less than […]
Section 395:28 – Sharing Assets.
395:28 Sharing Assets. – If the bank shall realize from the assets a greater sum than was so fixed upon the court shall order such excess to be equitably divided among the depositors whose accounts have been reduced, but to the extent of such reduction only. Source. 1911, 68:16. PL 268:27. RL 316:28.
Section 395:29 – New Deposits.
395:29 New Deposits. – 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 […]
Section 395:29-a – Federal Approval.
395:29-a Federal Approval. – Notwithstanding any provision of RSA 395:27, 28 or 29 to the contrary, any deposit account in any institution, the deposits of which are insured by the Federal Deposit Insurance Corporation, or any other agency or instrumentality of the United States of America, may not be reduced without the consent of […]