Section 383-A:9-903 – Order to Show Cause; Cease and Desist Order.
383-A:9-903 Order to Show Cause; Cease and Desist Order. – (a) The commissioner may issue (i) an order to show cause why fines and penalties should not be applied, (ii) a cease and desist order, or (iii) both, in accordance with this provision to any person that is engaged or that has engaged in […]
Section 383-A:9-904 – Consumer Complaints.
383-A:9-904 Consumer Complaints. – I. Consumer complaints naming state banks or credit unions, which are filed in writing, shall be forwarded via electronic mail or certified mail to the state bank or credit union for response within 10 days of receipt by the department. Not later than 30 days following receipt of such complaint, […]
Section 383-A:7-701 – Prohibited Acts.
383-A:7-701 Prohibited Acts. – (a) It shall be unlawful for any person to willfully and maliciously, or with an intent to deceive, make or transmit to another any false statement concerning the financial condition of any state bank or credit union, or to induce another to make such a statement. Any person convicted of […]
Section 383-A:7-702 – Unauthorized and Deceptive Use.
383-A:7-702 Unauthorized and Deceptive Use. – (a) Without the prior authorization of a bank or credit union, no person shall: (1) Use the full or abbreviated name, trade name, service mark, or trademark of any bank or credit union in any written, electronic, or oral advertisement or solicitation for products and services; (2) Make […]
Section 383-A:7-703 – Enforcement.
383-A:7-703 Enforcement. – In addition to the commissioner’s authority under RSA 383-A:9, the insurance commissioner may issue a cease and desist order, as provided in RSA 400-A:10, against any person which engages in any act or conduct in violation of RSA 383-A:7-702 involving a state bank or credit union under the jurisdiction of the […]
Section 383-A:7-704 – Jurisdiction.
383-A:7-704 Jurisdiction. – Any person that engages in any act or conduct in violation of this article shall be subject to the jurisdiction of this state. Nothing in RSA 383-A:7-702 or RSA 383-A:7-703 shall limit the authority of the New Hampshire secretary of state to enforce the laws under his or her jurisdiction relating […]
Section 383-A:8-801 – Suspension of Banking Activities.
383-A:8-801 Suspension of Banking Activities. – (a) For purposes of this article, the following definitions shall apply: (1) " Officers " means the person or persons designated by the board of directors of a depository bank or credit union to act for the depository bank or credit union in carrying out the provisions of […]
Section 383-A:8-802 – Waiver.
383-A:8-802 Waiver. – The commissioner may waive any provision of this article for good cause shown. Source. 2015, 272:16, eff. Oct. 1, 2015.
Section 383-A:9-901 – Purpose.
383-A:9-901 Purpose. – This article sets forth enforcement and administrative authority of the commissioner under this chapter. The commissioner shall have the power to adopt rules relating to the forms and procedures related to proceedings under this article. Source. 2015, 272:16, eff. Oct. 1, 2015.
Section 383-A:9-902 – Removal of Director or Officer by Commissioner.
383-A:9-902 Removal of Director or Officer by Commissioner. – (a) If, in the opinion of the commissioner, any director or officer of a state bank or credit union has continued to violate any law relative to the state bank or credit union or has continued unsafe or unsound practices in conducting the business of […]