2017 New Hampshire Revised Statutes
Section 399-G:3 - Exemptions.

Universal Citation: NH Rev Stat § 399-G:3 (2017)
    399-G:3 Exemptions. – The provisions of this chapter shall not apply to:
    I. Any bank, trust company, savings and loan association, profit sharing and pension trust, credit union, thrift company, insurance company, or receivership, which may be chartered by this state or any other state or by any agency of the United States.
    II. The United States or any department, instrumentality, or agency thereof.
    III. A state, county, city, or any other governmental agency or governmental subdivision of a state.
    IV. Electronic funds transfer of governmental benefits for a federal, state, county, or governmental agency by a contractor on behalf of the United States or a department, agency, or instrumentality thereof, or a state or governmental subdivision, agency, or instrumentality thereof.
    V. Retailers issuing stored value credits or gift cards.
    VI. A debt adjuster duly licensed pursuant to RSA 399-D that acts as a money transmitter for the sole purpose of providing a debt adjustment service to a consumer under terms of a contract issued pursuant to RSA 399-D and that has a surety bond on file with the commissioner under RSA 399-D in the amount of $100,000.
    VI-a. Persons who engage in the business of selling or issuing payment instruments or stored value solely in the form of convertible virtual currency or receive convertible virtual currency for transmission to another location. Such persons shall be subject to the provisions of RSA 358-A.
    VII. Other persons not within the intent of this chapter as the commissioner may designate by rule or order.

Source. 2015, 258:1, eff. Jan. 1, 2016. 2017, 70:1, eff. Aug. 1, 2017.

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