383-A:3-318 Material Change in Operating Conditions. –
If a board of directors of a depository bank proposes to make a material change in the business plan, capital plan, or other factors considered by the commissioner in granting a charter to the depository bank within 5 years of its receipt of a certificate to engage in business under RSA 383-A:3-315, then the board of directors may not make the change unless it submits an application seeking approval of the change to the commissioner as provided in RSA 383-A:6-602 and it is permitted to do so by the commissioner.
Source. 2015, 272:16, eff. Oct. 1, 2015. 2017, 209:5, eff. Sept. 8, 2017. 2019, 169:4, eff. July 10, 2019.