TITLE XXXV
BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

CHAPTER 384-F
THE NEW HAMPSHIRE INTERNATIONAL BANKING ACT

Direct Branch, Agency, and Representative Offices of Foreign Banks

Section 384-F:13

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