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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:24 - Appointment of Commissioner as Agent for Service of Process.
Universal Citation: NH Rev Stat § 384-F:24 (2017)
384-F:24 Appointment of Commissioner as Agent for Service of Process. –
I. A foreign bank which is licensed to establish and maintain a New Hampshire state branch, New Hampshire state agency, or New Hampshire representative office shall file with the commissioner an instrument irrevocably appointing the commissioner and his or her successors in office to be such foreign bank's agent, representative, and attorney to receive service of any lawful process in any judicial or administrative proceeding against the foreign bank or any of its successors which arises out of the foreign bank's activities in this state after such appointment has been filed, with the same force and validity as if served directly on the foreign bank or its successor, as the case may be. Such appointment shall be in such form and contain such information as the commissioner may require by rules adopted pursuant to RSA 541-A or order.
II. Any foreign bank which establishes a New Hampshire state branch, New Hampshire state agency, or New Hampshire representative office and which has not filed with the commissioner an instrument pursuant to paragraph I of this section shall be deemed by the establishment of such office to have appointed the commissioner as its agent, representative, and attorney to receive service of any lawful process in any judicial or administrative proceeding against the foreign bank or any of its successors which arises out of the foreign bank's activities in this state, with the same force and validity as if served directly on the foreign bank or its successor, as the case may be.
I. A foreign bank which is licensed to establish and maintain a New Hampshire state branch, New Hampshire state agency, or New Hampshire representative office shall file with the commissioner an instrument irrevocably appointing the commissioner and his or her successors in office to be such foreign bank's agent, representative, and attorney to receive service of any lawful process in any judicial or administrative proceeding against the foreign bank or any of its successors which arises out of the foreign bank's activities in this state after such appointment has been filed, with the same force and validity as if served directly on the foreign bank or its successor, as the case may be. Such appointment shall be in such form and contain such information as the commissioner may require by rules adopted pursuant to RSA 541-A or order.
II. Any foreign bank which establishes a New Hampshire state branch, New Hampshire state agency, or New Hampshire representative office and which has not filed with the commissioner an instrument pursuant to paragraph I of this section shall be deemed by the establishment of such office to have appointed the commissioner as its agent, representative, and attorney to receive service of any lawful process in any judicial or administrative proceeding against the foreign bank or any of its successors which arises out of the foreign bank's activities in this state, with the same force and validity as if served directly on the foreign bank or its successor, as the case may be.
Source. 1997, 236:1, eff. July 1, 1997.
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