RSA 383-E:3-312 Material Change in Operating Conditions.

Title: XXXV - BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS Chapter: 383-E - CREDIT UNION ACT
If a board of directors of a credit union proposes to make a material change in the strategic plan, funding plan or other factors considered by the commissioner in granting a charter to the credit union within 5 years of its receipt of a certificate to engage in business under RSA 383-E:3-310, the board may not make such change unless it submits an application seeking approval of the change to the commissioner as provided in RSA 383-A:6-602 and it is permitted to do so by the commissioner.

Source. 2015, 272:16, eff. Oct. 1, 2015. 2017, 209:13, eff. Sept. 8, 2017.

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