RSA 383-C:8-802 Application for Change of Ownership of Trust Company.

Title: XXXV - BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS Chapter: 383-C - TRUST COMPANY ACT

(a) Before consummation of any proposed change of ownership of a trust company, the new owner or new owners of trust company equity shall file an application with the commissioner describing the proposed change of ownership of the trust company as required under RSA 383-A:6-602 and this section. The application for a proposed change of ownership of a trust company shall be in the form prescribed by the commissioner and shall include the following information:
(1) The identity, personal history, business background, and experience of the proposed new owner or new owners, including (i) each new owner's material business activities and affiliations during the past 5 years, (ii) a description of any material pending legal or administrative proceedings in which the new owner is a p

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