TITLE XXXV BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
CHAPTER 383-B DEPOSITORY BANK ACT
ARTICLE 9 Combinations and Acquisitions
Section 383-B:9-902
383-B:9-902 Procedural Requirements. –
(a) If a depository bank proposes to combine with another depository bank, national bank, federal savings bank, or foreign bank, the banks shall apply to the commissioner for approval of the proposed combination as required under RSA 383-A:6-602 and may complete the combination if they are permitted to do so by the commissioner under RSA 383-A:6-604, subject to other federal or state approvals. If resulting bank is a depository bank, it shall make any filings with the secretary of state that are required under RSA 383-A.
(b) A New Hampshire bank holding company may directly or indirectly acquire a depository bank, national bank, federal savings bank, or out-of state depository bank. A New Hampshire bank holding company may also organize, and be the sole incorporator of, an interim depository bank for the purpose of effecting an acquisition of the investor-owned bank under RSA 383-A. Any New Hampshire bank holding company proposing the acquisition shall apply to the commissioner for approval of the proposed acquisition as required under RSA 383-A:6-602 and may complete the acquisition if it is permitted to do so by the commissioner under RSA 383-A:6-604, subject to other federal or state approvals.