RSA 384-F:40 Voluntary Closure of Branch, Agency, or Representative Office; Application.
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 to establish and maintain a New Hampshire state branch, New Hampshire state agency, or New Hampshire representative office shall close such branch, agency, or office without filing an application with and obtaining the prior approval of the commissioner. An application by a foreign bank under this section shall be in such form and include such information as the commissioner shall establish by rules adopted pursuant to RSA 541-A or by order.
II. If the commissioner finds, with respect to an application by a foreign bank under this section, that the closing of such branch, agency, or office will not be substantially detrimental to the public convenience and advantage, the commissioner shall approve such application and may impose such condit