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RSA 384-F:17 · Representative Office of Foreign Banks; Necessity of Licensure

Title: XXXV: BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Chapter: 384-F · THE NEW HAMPSHIRE INTERNATIONAL BANKING ACT
Status: current
Official source linked: Yes

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384-F:17 Representative Office of Foreign Banks; Necessity of Licensure. –

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No foreign bank shall establish or maintain a New Hampshire state representative office unless such foreign bank is licensed by the commissioner to maintain such a New Hampshire representative office.

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II.

Nothing in paragraph I shall be deemed to prohibit a foreign bank which maintains a federal agency or federal branch in this state from establishing or maintaining one or more New Hampshire representative offices. Source. 1997, 236:1, eff. July 1, 1997.

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Source note

Source. 1997, 236:1, eff. July 1, 1997.

Source history

1997, 236:1, eff. July 1, 1997