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§ 383-b-7-703 — New Hampshire Law | CourtGPT
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  4. Title Xxxv - Banks and Banking; Loan Associations; Credit Unions/
  5. Chapter 383-b - Depository Bank Act/
  6. § 383-b-7-703
New Hampshire Legal Code

§ 383-b-7-703

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383-B:7-703 Branch Closings and Relocations. – (a) A depository bank may close a branch office upon the affirmative vote of a majority of its board of directors, but the closing shall not occur until the depository bank has filed notice of the branch office closing with the commissioner under RSA 383-A:6-602. The depository bank shall be required to comply with federal requirements for branch closings. (b) A depository bank may relocate a branch office upon the affirmative vote of a majority of its board of directors, but the relocation shall not occur until the depository bank has filed notice of the branch office relocation with the commissioner under RSA 383-A:6-602. The depository bank shall comply with federal requirements for branch relocations. Source. 2015, 272:16, eff. Oct. 1, 2015. 2017, 209:9, eff. Sept. 8, 2017.