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RSA 383-A:3-308 · Action on Application

Title: XXXV: BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Chapter: 383-A · BANK AND CREDIT UNION REGULATORY AND ENFORCEMENT
Status: current
Official source linked: Yes

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383-A:3-308 Action on Application. –

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(a)

If the commissioner determines that the application meets all of the requirements of this chapter and other applicable federal and state laws, then the commissioner shall grant a charter to the state bank by (i) issuing a notice of approval of the organization of the state bank, subject to the terms and conditions as determined by the commissioner, and (ii) endorsing the state bank's organizational instrument to indicate the commissioner's approval.

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(b)

If the application is denied, then it shall be dismissed. After an application's dismissal, no new application concerning the same proposal may be filed within one year thereafter, unless, in his or her discretion for good cause shown, the commissioner consents to the filing of the new application.

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(c)

If the commissioner determines that the application does not satisfy the standards in subsection (a), but could satisfy the standards if the application were revised, then he or she shall so notify the organizer, and the organizer may refile the application under RSA 383-A:6-602. Source. 2015, 272:16, eff. Oct. 1, 2015.

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Source note

Source. 2015, 272:16, eff. Oct. 1, 2015.

Source history

2015, 272:16, eff. Oct. 1, 2015

Related materials

Bill relationships

2026 HB1207 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
2026 HB1207-FN 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
2026 HB359 amend
objective standard. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Anti-Discrimination; Financial Institutions. Amend RSA 383-A by inserting after section 383-A:5-511-a the following new section: 383-A:5-511-b Denial or Withholding of Financial Services. I. In this section, "financial institution" means a state or national bank, a savings