RSA 383-B:6-616 Ownership, Governance, and Powers of Mutual Holding Companies.

(a) A mutual holding company organized under this article shall not be a capital stock corporation, shall not be subject to RSA 292, nor shall it be subject to RSA 293-A, except as is otherwise expressly provided in RSA 383-A with respect to banks. The net earnings and net worth of a mutual holding company shall inure to the benefit of depositors of its subsidiary bank or subsidiary banks. The persons shall have the same rights in the mutual holding company as depositors of a mutual bank have in the bank under RSA 383-B:6-606.
(b) Except as otherwise provided in this subsection, the corporate powers of a mutual holding company shall be vested solely in its corporators, who shall consist of the persons who are named as corporators in the plan of reorganization, and such additio