reglab/housing_qa huggingface dataset:
NH Rev Stat § 383-A:3-318 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:3-318 - Material Change in Operating Conditions.

    383-A:3-318 Material Change in Operating Conditions. –||If a board of directors of a depository bank proposes to make a material change in the business plan, capital plan, or other factors considered by the commissioner in granting a charter to the depository bank within 5 years of its receipt of a certificate to engage in business under RSA 383-A:3-315, then the board of directors may not make the change unless it submits an application seeking approval of the change to the commissioner as provided in RSA 383-A:6-602 and it is permitted to do so by the commissioner.|||Source. 2015, 272:16, eff. Oct. 1, 2015. 2017, 209:5, eff. Sept. 8, 2017. 2019, 169:4, eff. July 10, 2019.|
NH Rev Stat § 383-A:3-319 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:3-319 - Rules of Construction; Procedural Requirements Regarding Filings.

    383-A:3-319 Rules of Construction;  Procedural Requirements Regarding Filings. –||(a) The applicable Organizations Act shall govern the internal affairs of state banks, except that, if there are any conflicts or inconsistencies under an Organizations Act with the provisions of the Banking Acts, the applicable provisions of the Banking Acts shall prevail.||(b) Except as provided in subsection (c) or RSA 383-A:3-316(b), all documents that may be filed or are required to be filed with the secretary of state under an Organizations Act shall be filed first with the commissioner. The commissioner shall review the documents and may give his or her approval to them subject to reasonable conditions that he or she may impose. Any documents so approved by the commissioner shall be then filed with the secretary of state in conformity with the applicable Organizations Act.||(c) A state bank organized as a corporation is exempt from filing annual reports and from administrative dissolution under the Corporation Act, and a state bank organized as a limited liability company is exempt from filing annual reports and from administrative dissolution under the LLC Act.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-A:3-320 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:3-320 - Names Relating to State Banks.

    383-A:3-320 Names Relating to State Banks. –||Any state bank that intends to use a name in the conduct of its business that differs from the name of the state bank shall be required to obtain the approval of the use of the name from the commissioner before registering the name with the secretary of state. The approval shall accompany an application to register the name with the secretary of state. A state bank shall not have or use a name that is likely to mislead the public concerning the nature or scope of its powers or purposes.|||Source. 2015, 272:16. 2016, 230:10, eff. Aug. 8, 2016.|
NH Rev Stat § 383-A:4-401 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:4-401 - Capital, Fidelity Bond, and Insurance Requirements.

    383-A:4-401 Capital, Fidelity Bond, and Insurance Requirements. –||This article sets forth the capital, fidelity bond, and errors and omissions insurance requirements for state banks and credit unions. The commissioner shall have the power to adopt rules relating to the type and amount of capital, fidelity bond, and insurance to meet the requirements of this article.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-A:4-402 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:4-402 - Capital Maintenance.

    383-A:4-402 Capital Maintenance. –||After it is organized, a state bank shall maintain a minimum level of capital required by the commissioner to operate in a safe and sound manner based upon his or her examination of the bank. The commissioner may require any state bank to increase its capital from time to time as may be necessary for its safe and sound operation. A board of directors may increase the capital of the state bank at any time and shall give notice to the commissioner of any increase within 30 days of receiving the additional capital. The board of directors of a state bank may not reduce its capital, unless it files an application for approval of the proposed change to the commissioner as provided in RSA 383-A:6-602 and it is permitted to do so by the commissioner.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-A:4-403 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:4-403 - Capital Debentures.

    383-A:4-403 Capital Debentures. –||For the purpose of strengthening its financial condition, subject to the approval of its board of directors, a state bank may receive contributions to its capital funds and in consideration for those funds may issue capital debentures to any person. The board of directors may not issue the capital debentures unless (i) it files an application for approval of the issuance of the capital debenture under RSA 383-A:6-602 specifying the principal amount of capital debentures which it proposes to issue, the terms and conditions of the debentures including interest rate and retirement provisions, the name of any bank or other persons proposing to purchase capital debentures, the principal amount of debentures which it proposes to purchase, and its reasons for issuing those debentures, and (ii) is permitted to issue the debentures by the commissioner. Capital debenture shall be considered legal investments for any person named in the plan. Capital debentures may be retired only from earnings unless otherwise authorized by the commissioner.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-A:4-404 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:4-404 - Redemption of Shares.

    383-A:4-404 Redemption of Shares. –||A state bank may redeem shares of its capital stock if (i) the redemption is conducted in accordance with the provisions of its organizational documents, (ii) the remaining capital exceeds the minimum capital required by this chapter, and (iii) the board of directors determines that the redemption will not jeopardize the safe and the sound operation of the state bank based on a diligent review of all applicable facts and circumstances then known to them. The board of directors shall not make a proposed redemption unless it gives notice of the proposed redemption to the commissioner as provided in RSA 383-A:6-602.|||Source. 2015, 272:16, eff. Oct. 1, 2015. 2017, 209:6, eff. Sept. 8, 2017.|
NH Rev Stat § 383-A:4-405 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:4-405 - Fidelity Bond.

    383-A:4-405 Fidelity Bond. –||(a) A state bank or credit union shall maintain a fidelity bond that provides protection against losses from (i) any dishonest or criminal act of any person, including any of its directors, officers, employees, and agents, and (ii) any act such as robbery, burglary, or forgery by a person not associated with the bank or credit union.||(b) Except as provided in (c), the fidelity bond shall be issued by:||(1) An insurer licensed under the laws of the state; or||(2) A foreign surplus lines insurer authorized to sell insurance in this state and licensed by any state, district, or territory of the United States.||(c) The issuer of a fidelity bond may be a person other than as described in (b)(1) and (2) if, under the terms of the policy, the issuer unconditionally consents to:||(1) The resolution of any claim or dispute involving the policy by a court located in this state; and||(2) The personal jurisdiction of the courts located in this state in connection with any matter involving the policy.||(d) The board of directors shall review the fidelity bond annually, or more often as circumstances require, to evaluate the adequacy of the amount of coverage.||(e) A state bank or credit union shall give notice to the commissioner in accordance with RSA 383-A:6-602 if the coverage under the fidelity bond is decreased by 25 percent or more in any 12-month period.||(f) From time to time, the commissioner may reduce or increase the amount of the fidelity bond that a state bank or credit union is required to maintain. At no time shall the amount fall below the minimum required by the commissioner.||(g) The policy shall require that the fidelity bond insurer provide 10 days' notice to the commissioner before cancellation or nonrenewal of the fidelity bond shall take effect.|||Source. 2015, 272:16, eff. Oct. 1, 2015. 2019, 169:5, eff. Sept. 8, 2019.|
NH Rev Stat § 383-A:4-406 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:4-406 - Errors and Omissions Liability Insurance.

    383-A:4-406 Errors and Omissions Liability Insurance. –||(a) A state bank or credit union shall maintain a liability policy that insures against losses that any of its customers incurs by reason of the errors and omissions of the state bank or credit union or any of its directors, officers, employees, and agents.||(b) Except as provided in subsection (c), the errors and omissions liability policy shall be issued by:||(1) An insurer licensed under the laws of this state; or||(2) A foreign surplus lines insurer authorized to sell insurance in this state and licensed by any state, district, or territory of the United States.||(c) The issuer of the errors and omissions liability policy may be a person other than as described in (b) if, under the terms of the policy, the issuer unconditionally consents to:||(1) The resolution of any claim or dispute involving the policy by a court located in this state; and||(2) The personal jurisdiction of the courts located in this state in connection with any matter involving the policy.||(d) The board of directors shall review the errors and omissions liability policy annually, or as circumstances require, to evaluate the adequacy of the amount of coverage.||(e) A state bank or credit union shall give notice to the commissioner in accordance with RSA 383-A:6-602 if coverage under the errors and omissions liability policy is decreased by 25 percent or more in any 12-month period.||(f) From time to time, the commissioner may reduce or increase the amount of errors and omissions liability insurance coverage that a state bank or credit union is required to maintain. At no time shall the amount of insurance fall below the minimum required by the commissioner.||(g) The policy shall require that the errors and omissions liability insurer provide 10 days' notice to the commissioner before cancellation or nonrenewal of the errors and omissions liability shall take effect.|||Source. 2015, 272:16, eff. Oct. 1, 2015. 2019, 169:5, eff. Sept. 8, 2019.|
NH Rev Stat § 383-A:5-501 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:5-501 - Management and Operations.

    383-A:5-501 Management and Operations. –||This article sets forth general provisions that apply to state banks and credit unions as specified and is supplemented by other provisions in the Banking Acts and the Credit Union Act. The commissioner shall have the power to adopt rules relating to the forms and procedures related to filings required under this article.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-A:5-502 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:5-502 - Board of Directors.

    383-A:5-502 Board of Directors. –||Each state bank and credit union shall have a board of directors elected or appointed in accordance with its organizational documents. No director shall serve on a board until he or she accepts his or her election or appointment in writing, which acceptance shall be maintained in the records of the state bank or credit union.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-A:5-503 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:5-503 - Notice of Election.

    383-A:5-503 Notice of Election. –||Within 30 days after the acceptance by a director of a state bank or credit union of his or her election or appointment, the state bank or credit union shall notify the commissioner of the name and residence address of the director who was elected or appointed.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-A:5-504 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:5-504 - Officers.

    383-A:5-504 Officers. –||The board of directors of a state bank or credit union shall elect or appoint a president, a treasurer, a secretary, and the other officers as prescribed in its organizational documents. The officers shall be elected or appointed no less frequently than once every 3 years and shall hold office subject to the pleasure of the board of directors.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-A:5-506 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:5-506 - Committees.

    383-A:5-506 Committees. –||(a) Subject to its oversight and any limitation set forth in the organizational documents, the board of directors of a state bank may create one or more committees, delegate to each committee any powers and duties that the board of directors deems appropriate, and appoint one or more directors, officers, and other natural persons to serve on each committee.||(b) Each member of a committee shall be subject to the same standards of conduct to which a director is subject under RSA 383-A:5-505(b).||(c) Each committee shall keep minutes of its activities and shall report to the board of directors as frequently as the board of directors requires.||(d) The creation of, delegation of power or duties to, or action by a committee does not alone constitute a director's compliance with the standards of conduct described in RSA 383-A:5-505(b).|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-A:5-507 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:5-507 - Meetings; Records.

    383-A:5-507 Meetings;  Records. –||(a) The board of directors of a state bank or credit union shall meet on a regular basis as often as necessary but not less than the minimum number of meetings required by applicable law.||(b) Minutes of each meeting shall be kept, showing the names of the directors who are present and describe the activities, matters discussed, and votes taken at the meeting.||(c) The attendance of a majority of the board of directors shall be required for a quorum to conduct business.||(d) The board of directors shall adopt a policy providing standards for determining the number of absences by directors from meetings of the board or the committees which could result in the removal of a director from office.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-A:5-508 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:5-508 - Action Without Meeting.

    383-A:5-508 Action Without Meeting. –||Unless the organizational documents of a state bank or credit union provide otherwise, any action to be taken at a meeting of the board of directors or committee may be taken without a meeting under and consistent with any provision of the applicable Organizations Act permitting the action.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-A:5-509 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:5-509 - Annual Audits; Reports.

    383-A:5-509 Annual Audits;  Reports. –||(a) The board of directors of a state bank or credit union shall engage a certified public accountant, at least annually, to serve as its auditor and to perform an annual audit. Each state bank or credit union shall give notice to the commissioner of its engagement of an auditor at the time of its engagement and shall require its auditor to confirm the engagement to the commissioner within 30 days of the engagement. Each state bank or credit union shall give notice to the commissioner of the termination of the engagement of an auditor at the time of the termination and shall require the auditor to confirm the termination to the commissioner within 30 days of the termination.||(b) Any auditor engaged under subsection (a) shall examine the books, accounts, and operating systems of the state bank or credit union in such a manner as in his or her judgment will result in an audit that is in agreement with generally accepted accounting standards.||(c) Each state bank or credit union shall direct its auditor to provide, and the auditor shall provide, the commissioner with a copy of its audit report, within 60 days after each is made available to the state bank or credit union. All reports, memoranda, and correspondence shall be confidential in accordance with RSA 383:10-b.||(d) In the course of his or her regular official examination of the state bank or credit union and at such other times that he or she considers advisable, the commissioner shall review and analyze the work and reports of the accountants and auditors. The auditors shall provide the commissioner with the work and reports as the commissioner may reasonably request provided the request is limited to matters that relate to the safety and soundness of the state bank or credit union. If the commissioner determines that any audit is inadequate or substantially violates the provisions of this section, then the commissioner shall report his or her findings with instructions to the board of directors, who, within 30 days after receiving that report, shall cause the state bank or credit union to comply with the report and instructions.|||Source. 2015, 272:16, eff. Oct. 1, 2015. 2017, 209:1, eff. Sept. 8, 2017. 2019, 168:10, eff. July 10, 2019.|
NH Rev Stat § 383-A:5-511 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:5-511 - Copies of Reports and Notices.

    383-A:5-511 Copies of Reports and Notices. –||(a) A state bank or credit union shall provide the commissioner with a copy of all reports filed with any other regulatory authority at the time the report is filed.||(b) A state bank or credit union shall file with the commissioner notice of the filing of reports required by the Federal Reserve Board's Regulation H, 12 C.F.R. section 208.62, of the Federal Deposit Insurance Corporation's regulations, 12 C.F.R. section 353.1 et seq., the Department of the Treasury, Financial Crimes Enforcement Network's regulations, 31 C.F.R. chapter X, and the National Credit Union Administration's regulations, 12 C.F.R. section 748, as may be amended from time to time. The notice shall be filed with the commissioner at the same time such reports are filed with the state bank's federal regulators. A state bank or credit union, and any director, officer, employee, or agent of the state bank or credit union, that files a notice shall be protected from liability for any disclosure contained in the notice.||(c) All notices filed with the commissioner under this section shall be confidential and shall not be subject to subpoena or to the requirements of RSA 91-A, except that the commissioner shall provide copies of such notices upon request of the criminal bureau to the New Hampshire department of justice.||(d) The commissioner may adopt rules to describe the contents of notices filed under this subsection.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-A:5-512 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-A - Bank and Credit Union Regulatory and Enforcement|Section 383-A:5-512 - Service Entities.

    383-A:5-512 Service Entities. –||(a) The purpose of this section is to maintain competitive equality between federally chartered and state-chartered institutions while providing for the safe and sound operation of state-chartered institutions.||(b) Subject to any limitations set forth in the Depository Bank Act (RSA 383-B) and the Credit Union Act (RSA 383-E), a depository bank or credit union may engage with a service entity to the same extent it is permissible for a federal credit union, national bank, or federal savings bank or its subsidiaries to do so under federal law.||(c) For the purposes of this section, to engage with a service entity means to establish, acquire, make loans to, contract with, or invest in the equity interest, obligations, or other securities of a service entity, or to otherwise participate in or utilize the service of such service entity, whether individually or together with other depository banks, credit unions, or other financial institutions.||(d) A depository bank or credit union shall maintain, or shall contract with the service entity to maintain, sufficient records related to the depository bank's or credit union's engagement with the service entity to enable the commissioner to determine whether the depository bank or credit union is in compliance with the provisions of this chapter and any limitations set forth in the Depository Bank Act (RSA 383-B), and the Credit Union Act (RSA 383-E).||(e) If any proposed engagement with a service entity is not expressly enumerated as a permissible engagement under federal law, but falls within the intent of federal law, the commissioner may authorize the proposed engagement by rule or order, provided such engagement is consistent with the purpose of this section, supports the general business needs of the depository bank or credit union, promotes the interests of its customers, and will not jeopardize the safe and sound operation of the depository bank or credit union.|||Source. 2019, 115:3, eff. Aug. 20, 2019.|