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RSA 383-C:7-702 · Opening or Relocation of Trust Office

383-C:7-702 Opening or Relocation of Trust Office. – Before opening or relocating a trust office, a trust company that has been transacting business for more than 3 years shall submit a notice to establish a trust office under RSA 383-A:6-602. During the first 3 years of transacting business, a company shall submit an application to open or relocate a trust office unless the opening or relocation is expressly provided in the trust company's business plan as approved by the commissioner. A trust company that submits such an application may proceed with the opening or relocation of the trust office if permitted by the commissioner under RSA 383-A:6-604. Source. 2015, 272:16, eff. Oct. 1, 2015. 2017, 209:11, eff. Sept. 8, 2017.

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Source note

Source. 2015, 272:16, eff. Oct. 1, 2015. 2017, 209:11, eff. Sept. 8, 2017.

Source history

  • 2015, 272:16, eff. Oct. 1, 2015
  • 2017, 209:11, eff. Sept. 8, 2017

Related materials

Bill relationships

  • 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

  • 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