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RSA 383-C:8-807 · Interim Trust Company

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. ARTICLE 9 Conservatorship to Address Safety and Soundness Issues

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Source note

Source. 2015, 272:16, eff. Oct. 1, 2015. ARTICLE 9 Conservatorship to Address Safety and Soundness Issues

Source history

  • 2015, 272:16, eff. Oct. 1, 2015. ARTICLE 9 Conservatorship to Address Safety and Soundness Issues

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