HB1207-FN: relative to certain laws applicable to state chartered banks, credit unions, trust companies, and other consumer credit entities subject to the authority of the banking department.

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RSA references from bill data

• 361-A · reference · effective 2027-07-01

  5 percent of the total assessment for that year. (c) From consumer credit division entities. Each entity subject to the supervision of the commissioner under the provisions of RSA 361-A, RSA 397-A, RSA 399-A, RSA 399-D, and RSA 399-G, shall be charged and shall pay such proportion of the balance applicable to the consumer credit administration division under the department's accounting unit designation

• 383:11 · amend · effective 2027-07-01

  rt convened: 1 Banks and Banking; Loans Associations; Credit Unions; Bank Commissioner; Duties. Amend RSA 383:9, III to read as follows: III. [The] Except as set forth in RSA 383:11, I-a, the cost of any examination or investigation shall be borne by the person examined or investigated. In the case of an unlicensed person, investigative costs will be assessed only if the person is determined to hav

• 383:9 · amend · effective 2027-07-01

  Be it Enacted by the Senate and House of Representatives in General Court convened: 1 Banks and Banking; Loans Associations; Credit Unions; Bank Commissioner; Duties. Amend RSA 383:9, III to read as follows: III. [The] Except as set forth in RSA 383:11, I-a, the cost of any examination or investigation shall be borne by the person examined or investigated. In the case of an unlicensed person, inv

• 383:9-D · reference · effective 2027-07-01

  pository bank, credit union, trust company, or family trust company the examination fee set forth in paragraph I in connection with a regular examination of such institution under RSA 383:9-d, RSA 383-C:14-1401, or RSA 383-D:11-1101 that commences on or after July 1, 2027. Beginning in the fiscal year that begins on July 1, 2027, and in each fiscal year thereafter, the commissioner shall charge and collect

• 383-A:3-305 · reference · effective 2027-07-01

  b) Every new director shall submit to a background investigation [and criminal history records check], to include submission of financial and other information in accordance with RSA 383-A:3-305(e). The commissioner may require a criminal history records check on any new director. The commissioner shall submit the criminal history records release form to the division of state police which shall conduct a crim

• 383-A:3-308 · reference · effective 2027-07-01

  6-602 to seek the prior consent of the commissioner to modify any condition of a prior approval of a filing issued by the commissioner, including any condition imposed pursuant to RSA 383-A:3-308, RSA 383-A:3-319, or RSA 383-A:6-604.? The application should contain the following information: (a) a description of the original approved application; (b) a description of the modification requested; and (c) the rea

• 383-A:3-319 · reference · effective 2027-07-01

  prior consent of the commissioner to modify any condition of a prior approval of a filing issued by the commissioner, including any condition imposed pursuant to RSA 383-A:3-308, RSA 383-A:3-319, or RSA 383-A:6-604.? The application should contain the following information: (a) a description of the original approved application; (b) a description of the modification requested; and (c) the reason for the reque

• 383-A:5-510 · reference · effective 2027-07-01

  assets that are $50,000,000,001 or more, shall be calculated at one percent. (8) For purposes of this section, "fiduciary assets" means those assets reported in accordance with RSA 383-A:5-510, except that the term excludes any fiduciary asset that the entity holds, manages, or administers under an agreement with a New Hampshire family trust company. (b) From family trust companies. Each family trust compa

• 383-A:6-602 · amend · effective 2027-07-01

  dit Union. Amend RSA 383-E:11-1101(b) to read as follows: (b) [A notice] An application seeking approval of the proposed conversion shall be filed with the commissioner under RSA 383-A:6-602, together with a statement of the results of the vote, verified by the affidavits of the president or vice president and the clerk, within 10 days after the vote is taken. 12 New Section; Banks and Banking; Loan Ass

• 383-A:6-604 · reference · effective 2027-07-01

  e commissioner to modify any condition of a prior approval of a filing issued by the commissioner, including any condition imposed pursuant to RSA 383-A:3-308, RSA 383-A:3-319, or RSA 383-A:6-604.? The application should contain the following information: (a) a description of the original approved application; (b) a description of the modification requested; and (c) the reason for the request.? The commissione

• 383-A:6-609 · amend · effective 2027-07-01

  onal information at any time during processing of the application. 13 Banks and Banking; Loan Associations; Credit Unions; Regulatory Approval Procedures; Fee Schedule. Amend RSA 383-A:6-609(a) to read as follows: 383-A:6-609 Fee Schedule. (a) [The commissioner shall charge a filing fee to each person for services rendered by the department in reviewing a notice or application.] Applicants shall pay a

• 383-B:3-303 · amend · effective 2027-07-01

  rade name: [$50] $500 (10) Fee for a letter of no objection: $1,000 14 Banks and Banking; Loan Associations; Credit Unions; Banking Business; Loans and Investments. Amend RSA 383-B:3-303(b) to read as follows: (b) A depository bank may invest in the loans and notes set forth in subparagraphs (1) and (2) of this paragraph (b): (1)(A) Loans directly secured by mortgages on residential, commercial,

• 383-C · amend · effective 2027-07-01

  e clerk, within 10 days after the vote is taken. 12 New Section; Banks and Banking; Loan Associations; Credit Unions; Trust Company Changes; Modification of Conditions. Amend RSA 383-C by inserting after section 8-807 the following new section: 383-C:8-808 Modification of Conditions. A trust company shall submit an application in accordance with RSA 383-A:6-602 to seek the prior consent of the co

• 383-C:14-1401 · reference · effective 2027-07-01

  , credit union, trust company, or family trust company the examination fee set forth in paragraph I in connection with a regular examination of such institution under RSA 383:9-d, RSA 383-C:14-1401, or RSA 383-D:11-1101 that commences on or after July 1, 2027. Beginning in the fiscal year that begins on July 1, 2027, and in each fiscal year thereafter, the commissioner shall charge and collect an annual fixed bas

• 383-C:2-201 · amend · effective 2027-07-01

  ty of a lesser rating will be legal if the common stock would otherwise qualify. 17 Banks and Banking; Loan Associations; Credit Unions; Trust Company Act; Definitions. Amend RSA 383-C:2-201(b)(1) to read as follows: (1) "Change of ownership of a trust company" means [the acquisition through] a single transaction or a series of related transactions that results in a direct or indirect transfer of owners

• 383-C:6-601 · amend · effective 2027-07-01

  wnership of a trust company is or are referred to as a new owner or new owners. 18 Banks and Banking; Loan Associations; Credit Unions; Directors and Officers; Directors. Amend RSA 383-C:6-601(b) to read as follows: (b) Every new director shall submit to a background investigation [and criminal history records check], to include submission of financial and other information in accordance with RSA 383-A:3-

• 383-D:11-1101 · reference · effective 2027-07-01

  company, or family trust company the examination fee set forth in paragraph I in connection with a regular examination of such institution under RSA 383:9-d, RSA 383-C:14-1401, or RSA 383-D:11-1101 that commences on or after July 1, 2027. Beginning in the fiscal year that begins on July 1, 2027, and in each fiscal year thereafter, the commissioner shall charge and collect an annual fixed base fee from New Hampshi

• 383-E:11-1101 · amend · effective 2027-07-01

  r 399-G of the New Hampshire Revised Statutes Annotated.” 11 Banks and Banking; Loan Associations; Credit Unions; Conversions; State Credit Union to Federal Credit Union. Amend RSA 383-E:11-1101(b) to read as follows: (b) [A notice] An application seeking approval of the proposed conversion shall be filed with the commissioner under RSA 383-A:6-602, together with a statement of the results of the vote, veri

• 397-A · reference · effective 2027-07-01

  of the total assessment for that year. (c) From consumer credit division entities. Each entity subject to the supervision of the commissioner under the provisions of RSA 361-A, RSA 397-A, RSA 399-A, RSA 399-D, and RSA 399-G, shall be charged and shall pay such proportion of the balance applicable to the consumer credit administration division under the department's accounting unit designation as the gro

• 397-A:5 · amend · effective 2027-07-01

  Banks and Banking; Loan Associations; Credit Unions; Licensing Of Nondepository Mortgage Bankers, Brokers, And Servicers; License Application; Requirements; Investigation. Amend RSA 397-A:5, IV-c(a)(2) to read as follows: (2) Has not been convicted of, or pled guilty or nolo contendere to any of the following, provided that an expunged conviction or pardoned conviction shall not necessitate denial of t

RSAs mentioned by this document

• RSA 361-A · RETAIL INSTALLMENT SALES OF MOTOR VEHICLES
• RSA 383 · BANK COMMISSIONER
• RSA 383-A · BANK AND CREDIT UNION REGULATORY AND ENFORCEMENT
• RSA 383-B · DEPOSITORY BANK ACT
• RSA 383-C · TRUST COMPANY ACT
• RSA 383-D · FAMILY TRUST COMPANY ACT
• RSA 383-E · CREDIT UNION ACT
• RSA 397-A · LICENSING OF NONDEPOSITORY MORTGAGE BANKERS, BROKERS, AND SERVICERS
• RSA 399-G · LICENSING OF MONEY TRANSMITTERS
• RSA 383:11 · Examination Costs
• RSA 383:9 · Duties
• RSA 383-A:3-305 · Application
• RSA 383-A:3-308 · Action on Application
• RSA 383-A:3-319 · Rules of Construction; Procedural Requirements Regarding Filings
• RSA 383-A:5-510 · Reports of Condition
• RSA 383-A:6-602 · Filing Procedure
• RSA 383-A:6-604 · Determination
• RSA 383-A:6-609 · Fee Schedule
• RSA 383-B:3-303 · Loans and Investments
• RSA 383-C:14-1401 · Regular Examination
• RSA 383-C:2-201 · Definitions
• RSA 383-C:6-601 · Directors
• RSA 383-D:11-1101 · Examination
• RSA 383-E:11-1101 · State Credit Union to Federal Credit Union
• RSA 397-A:5 · License Application; Requirements; Investigation
• RSA 399-G:8 · Application for License