Section 384-F:36 – Disclosure of Lack of Deposit Insurance.
384-F:36 Disclosure of Lack of Deposit Insurance. – Each foreign bank which is licensed to establish and maintain a New Hampshire state branch or New Hampshire state agency shall, in a manner established by the commissioner by rules, adopted pursuant to RSA 541-A, or order, give notice that deposits and credit balances in such […]
Section 384-F:37 – Limitations on Payment of Interest on Deposits.
384-F:37 Limitations on Payment of Interest on Deposits. – A foreign bank which is licensed to establish and maintain a New Hampshire state branch or New Hampshire state agency shall be subject to the same limitations with respect to the payment of interest on deposits as a state bank which is a member of […]
Section 384-F:38 – Pledge of Assets.
384-F:38 Pledge of Assets. – I. Each foreign bank which is licensed to establish and maintain a New Hampshire state branch or New Hampshire state agency shall keep on deposit, in accordance with such rules or orders as the commissioner shall adopt, with such unaffiliated New Hampshire banks as such foreign bank may designate […]
Section 384-F:39 – Asset Maintenance.
384-F:39 Asset Maintenance. – I. Each foreign bank which is licensed to establish and maintain a New Hampshire state branch or New Hampshire state agency shall hold in this state currency, bonds, notes, debentures, drafts, bills of exchange, or other evidences of indebtedness, including loan participation agreements or certificates, or other obligations payable in […]
Section 384-F:40 – Voluntary Closure of Branch, Agency, or Representative Office; Application.
384-F:40 Voluntary Closure of Branch, Agency, or Representative Office; Application. – I. No foreign bank which is licensed to establish and maintain a New Hampshire state branch, New Hampshire state agency, or New Hampshire representative office shall close such branch, agency, or office without filing an application with and obtaining the prior approval of […]
Section 384-F:41 – Suspension or Revocation of License; Factors.
384-F:41 Suspension or Revocation of License; Factors. – If, after notice and a hearing, the commissioner finds any of the following with respect to a foreign bank which is licensed to establish and maintain a New Hampshire state branch or New Hampshire state agency, he or she may issue an order suspending or revoking […]
Section 384-F:42 – Immediate Suspension or Revocation.
384-F:42 Immediate Suspension or Revocation. – If the commissioner finds that any of the factors set forth in RSA 384-F:41 are true with respect to any foreign bank which is licensed to maintain a New Hampshire state branch or New Hampshire state agency and that it is necessary for the protection of the interests […]
Section 384-F:43 – Seizure of Foreign Bank’s Property and Business; Liquidation.
384-F:43 Seizure of Foreign Bank’s Property and Business; Liquidation. – I. If the commissioner finds that any of the factors set forth in RSA 384-F:41 are true with respect to any foreign bank which is licensed to establish and maintain a New Hampshire state branch or New Hampshire state agency and that it is […]
Section 384-F:44 – Purposes.
384-F:44 Purposes. – This subdivision is intended generally to ensure that interstate New Hampshire state branches of out-of-state foreign banks may be established and operated in this state: I. To the extent consistent with the provisions of section 5 of the federal International Banking Act; and II. Under terms and conditions that are generally […]
Section 384-F:45 – Establishment of Interstate Branches in This State by Out-of-State Foreign Banks.
384-F:45 Establishment of Interstate Branches in This State by Out-of-State Foreign Banks. – I. Except as provided in paragraph II of this section, an out-of-state foreign bank may establish an interstate New Hampshire state branch in the same manner (including by merger or other transactions under section 44 of the Federal Deposit Insurance Act, […]