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2017 New Hampshire Revised Statutes
Title XXXV - BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Chapter 384-F - THE NEW HAMPSHIRE INTERNATIONAL BANKING ACT
Section 384-F:17 - Representative Office of Foreign Banks; Necessity of Licensure.
Universal Citation: NH Rev Stat § 384-F:17 (2017)
384-F:17 Representative Office of Foreign Banks; Necessity of Licensure. –
I. 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.
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.
I. 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.
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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