2015 New Hampshire Revised Statutes
Title XXXVI - PAWNBROKERS AND MONEYLENDERS
Chapter 399-G - LICENSING OF MONEY TRANSMITTERS
Section 399-G:24 - Administration by Commissioner; Rulemaking.

NH Rev Stat § 399-G:24 (2015) What's This?


[RSA 399-G:24 effective January 1, 2016.]
    399-G:24 Administration by Commissioner; Rulemaking. –
    I. The commissioner shall administer and enforce the provisions of this chapter.
    II. Pursuant to RSA 541-A, the commissioner may adopt such rules as he or she deems necessary to the administration and enforcement of this chapter. Such rules shall be consistent with the provisions of this chapter, and may include, but shall not be limited to, the following:
       (a) The application form for licensees required under RSA 399-G:4.
       (b) The form of license issued to licensees under RSA 399-G:5.
       (c) Annual reports required by RSA 399-G:10.
       (d) Personal disclosure statements to meet the requirements of RSA 399-G:4.
       (e) Fees to be charged to cover the reasonable costs of copying documents and producing reports.
    III. The commissioner may prepare, alter, or withdraw such forms as are necessary to comply with the provisions of this title.
    IV. The commissioner may issue, amend, or rescind such orders as are reasonably necessary to carry out the provisions of this chapter.
    V. The commissioner may, for good cause shown, abate all or a portion of delinquency penalties assessed under this chapter.
    VI. All actions taken by the commissioner pursuant to this chapter shall be taken only when the commissioner finds such action necessary or appropriate to the public interest or for the protection of consumers and consistent with the provisions of this chapter.
    VII. In adopting rules, preparing forms, setting standards, and performing examinations, investigations, and other regulatory functions authorized by the provisions of this chapter, the commissioner may cooperate, and share information pursuant to confidentiality agreements, with regulators in this state and with regulators in other states and with federal regulators, in order to implement the policy of this chapter in an efficient and effective manner and to achieve maximum uniformity in the form and content of applications, reports, and requirements for money transmitters, where practicable.
    VIII. The commissioner shall have the power to subpoena witnesses and administer oaths in any adjudicative proceeding and to compel, by subpoena duces tecum, the production of documents, papers, books, records, files, and other evidence, whether electronically stored or otherwise, before the commissioner in any matter over which the commissioner has jurisdiction, control, or supervision pertaining to the provisions of this chapter.
    IX. The commissioner shall have the power to administer oaths and affirmation to any person whose testimony is required.
    X. The commissioner shall have the authority to set fees to be charged to cover the reasonable costs of copying documents and producing reports.

Source. 2015, 258:1, eff. Jan. 1, 2016.


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