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RSA 383-C:3-308 · Trust Company Capital Plan and Amendments to Capital Plan
383-C:3-308 Trust Company Capital Plan and Amendments to Capital Plan. – A trust company's board of directors shall adopt a capital plan that specifies (i) the amount of the trust company's capital, (ii) including its required capital, the quality, liquidity, and sources of the trust company's capital, (iii) the proposed investment of the trust company's capital and (iv) other information relevant to the capital of the trust company, including other information as may be prescribed by the commissioner. A trust company's capital plan shall be such as will assure the safety and soundness of the trust company. A trust company's board of directors also shall approve and adopt each amendment to the trust company's capital plan. A trust company shall obtain the commissioner's approval of any material amendment of its capital plan as provided in RSA 383-C:8-801. Source. 2015, 272:16, eff. Oct. 1, 2015.
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Source. 2015, 272:16, eff. Oct. 1, 2015.
Source history
- 2015, 272:16, eff. Oct. 1, 2015
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2026 HB1207
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
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2026 HB1207-FN
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