RSA 384-F:44 · Purposes

384-F:44 Purposes. – This subdivision is intended generally to ensure that interstate New Hampshire state branches of out-of-state foreign banks may be established and operated in this state:

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I.

To the extent consistent with the provisions of section 5 of the federal International Banking Act; and

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II.

Under terms and conditions that are generally comparable to and no less favorable than those applicable to the establishment of interstate federal branches in this state by out-of-state foreign banks. Source. 1997, 236:1, eff. July 1, 1997.

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