RSA 399-G:13 Acquisition of Control.
Title: XXXVI - PAWNBROKERS AND MONEYLENDERS
Chapter: 399-G - LICENSING OF MONEY TRANSMITTERS
I. Any person, or group of persons acting in concert, seeking to acquire control of a licensee shall obtain approval of the commissioner prior to acquiring control. An individual is not deemed to acquire control of a licensee and is not subject to these acquisition of control provisions when that individual becomes a key individual in the ordinary course of business.
II. A person, or group of persons acting in concert, seeking to acquire control of a licensee shall, in cooperation with the licensee:
(a) Submit information regarding the change in control as required by the commissioner through NMLS; and
(b) Submit a nonrefundable fee of $500 with the request for approval.
III. Upon request, the commissioner may permit a licensee or the person, or group of pers