383-C:8-807 Interim Trust Company. – If an interim entity is formed solely for the purpose of effecting a change in control of any trust company that is authorized to conduct trust business under a valid charter, the interim entity shall not be obligated to obtain a charter or authority to transact business as a state bank subject to the supervision of the commissioner so long as the only business or activity in which the interim entity engages is to effect a change of control of a trust company permitted under this chapter. Source. 2015, 272:16, eff. Oct. 1, 2015.
New Hampshire Legal Code