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§ 383-a-3-318 — New Hampshire Law | CourtGPT
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  2. Laws/
  3. New Hampshire/
  4. Title Xxxv - Banks and Banking; Loan Associations; Credit Unions/
  5. Chapter 383-a - Bank and Credit Union Regulatory and Enforcement/
  6. § 383-a-3-318
New Hampshire Legal Code

§ 383-a-3-318

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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.