RSA 384-F:13 No Concurrent Maintenance of Federal Branches or Agencies.

Title: XXXV - BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS Chapter: 384-F - THE NEW HAMPSHIRE INTERNATIONAL BANKING ACT

I. No foreign bank which is licensed under this chapter to establish and maintain a New Hampshire state branch or New Hampshire state agency shall concurrently maintain a federal branch or federal agency in this state.
II. No foreign bank which maintains a federal branch or federal agency in this state shall concurrently be licensed under this chapter to maintain a New Hampshire state branch or New Hampshire state agency.

Source. 1997, 236:1, eff. July 1, 1997.

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