This RSA section is an unofficial mirror, is not legal advice, and may be incomplete, outdated, or incorrectly processed.

RSA 399-G:1 · Purpose

Title: XXXVI: PAWNBROKERS AND MONEYLENDERS
Chapter: 399-G · LICENSING OF MONEY TRANSMITTERS
Status: current
Official source linked: Yes

Official source Copy section link

399-G:1 Purpose. – The purpose of this chapter is to:

Copy link

Ensure New Hampshire can coordinate in all areas of regulation, licensing, and supervision with other states to eliminate unnecessary regulatory burden and more efficiently utilize regulator resources.

Copy link

II.

Protect the citizens of New Hampshire from financial crime.

Copy link

III.

Standardize the types of activities that are subject to licensing or otherwise exempt from licensing.

Copy link

IV.

Modernize safety and soundness requirements to ensure customer funds are protected in an environment that supports innovative and competitive business practices. Source. 2024, 368:1, eff. Oct. 22, 2024.

Copy link

Source note

Source. 2024, 368:1, eff. Oct. 22, 2024.

Source history

2024, 368:1, eff. Oct. 22, 2024

Related materials

Bill relationships

2026 HB1207 repeal · effective 2027-07-01
g are repealed: I. RSA 397-A:5, IV-c(a)(4), relative to the requirements to be considered as a mortgage banker, mortgage broker, or to receive mortgage servicer licensing. II. RSA 399-G:15, II(d), relative to average daily outstanding transmission liability. III. RSA 383-A:6-609(b), relative to the cost to completing an investigation or examination exceeding the set fee. 30 Effective Date. I. Se
2026 HB1207 amend · effective 2027-07-01
of [$500] $1,000 shall accompany an application for a license under this section. 20 Pawnbrokers and Moneylenders; Licensing of Money Transmitters; Renewal of License. Amend RSA 399-G:11, I to read as follows: I. Licenses issued pursuant to this chapter shall be renewed annually. The renewal term shall be for a period of one year and shall begin on January 1 of each year after the initial license t
2026 HB1207 reference · effective 2027-07-01
. (c) From consumer credit division entities. Each entity subject to the supervision of the commissioner under the provisions of RSA 361-A, RSA 397-A, RSA 399-A, RSA 399-D, and RSA 399-G, shall be charged and shall pay such proportion of the balance applicable to the consumer credit administration division under the department's accounting unit designation as the gross revenue received from the total do
2026 HB1207 amend · effective 2027-07-01
pursue to correct any reported deficiencies outlined in the report. 8 New Paragraph; Pawnbrokers and Moneylenders; Licensing of Money Transmitters; Issuance of License. Amend RSA 399-G:10 by inserting after paragraph VII the following new paragraph: VIII. The commissioner may deem abandoned and withdraw any application for a license made pursuant to this chapter if the applicant fails to respond in w
2026 HB1207 amend · effective 2027-07-01
ultistate licensing system and registry, requesting a response. 9 New Paragraph; Pawnbrokers and Moneylenders; Licensing of Money Transmitters; Reports of Certain Events. Amend RSA 399-G:18 by inserting after paragraph II the following new paragraph: III. If the information contained in any document filed with the commissioner or the nationwide multistate licensing system and registry is, or becomes, i
2026 HB1207-FN amend · effective 2027-07-01
ultistate licensing system and registry, requesting a response. 9 New Paragraph; Pawnbrokers and Moneylenders; Licensing of Money Transmitters; Reports of Certain Events. Amend RSA 399-G:18 by inserting after paragraph II the following new paragraph: III. If the information contained in any document filed with the commissioner or the nationwide multistate licensing system and registry is, or becomes, i
2026 HB1207-FN reference · effective 2027-07-01
. (c) From consumer credit division entities. Each entity subject to the supervision of the commissioner under the provisions of RSA 361-A, RSA 397-A, RSA 399-A, RSA 399-D, and RSA 399-G, shall be charged and shall pay such proportion of the balance applicable to the consumer credit administration division under the department's accounting unit designation as the gross revenue received from the total do
2026 HB1207-FN amend · effective 2027-07-01
pursue to correct any reported deficiencies outlined in the report. 8 New Paragraph; Pawnbrokers and Moneylenders; Licensing of Money Transmitters; Issuance of License. Amend RSA 399-G:10 by inserting after paragraph VII the following new paragraph: VIII. The commissioner may deem abandoned and withdraw any application for a license made pursuant to this chapter if the applicant fails to respond in w
2026 HB1207-FN amend · effective 2027-07-01
of [$500] $1,000 shall accompany an application for a license under this section. 20 Pawnbrokers and Moneylenders; Licensing of Money Transmitters; Renewal of License. Amend RSA 399-G:11, I to read as follows: I. Licenses issued pursuant to this chapter shall be renewed annually. The renewal term shall be for a period of one year and shall begin on January 1 of each year after the initial license t
2026 HB1207-FN repeal · effective 2027-07-01
g are repealed: I. RSA 397-A:5, IV-c(a)(4), relative to the requirements to be considered as a mortgage banker, mortgage broker, or to receive mortgage servicer licensing. II. RSA 399-G:15, II(d), relative to average daily outstanding transmission liability. III. RSA 383-A:6-609(b), relative to the cost to completing an investigation or examination exceeding the set fee. 30 Effective Date. I. Se
2026 HB639 reference
on a blockchain protocol. II. A person engaged in home digital asset mining or a digital asset mining business shall not be required to obtain a money transmitter license under RSA 399-G. III. Operating a node or a series of nodes on a blockchain protocol shall not require an individual or business to obtain a money transmitter license under RSA 399-G. IV. A person engaging in the act of digital ass
2026 HB639-FN reference
on a blockchain protocol. II. A person engaged in home digital asset mining or a digital asset mining business shall not be required to obtain a money transmitter license under RSA 399-G. III. Operating a node or a series of nodes on a blockchain protocol shall not require an individual or business to obtain a money transmitter license under RSA 399-G. IV. A person engaging in the act of digital ass