reglab/housing_qa huggingface dataset:
NH Rev Stat § 383-E:13-1305 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-E - Credit Union Act|Section 383-E:13-1305 - Application; Organization.

    383-E:13-1305 Application;  Organization. –||Application to form a corporate credit union shall be made in writing to the commissioner. The application shall contain the names of at least 15 credit unions which have agreed to subscribe to shares in the corporate credit union at the time the application is made.||(a) The application shall be accompanied by articles of incorporation, bylaws, and other appropriate documents.||(b) The bylaws shall provide for the selection of a board of directors of at least 5 members and shall require credit unions applying for membership to subscribe to shares in a minimum amount as specified in the bylaws.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-E:13-1306 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-E - Credit Union Act|Section 383-E:13-1306 - Powers and Privileges.

    383-E:13-1306 Powers and Privileges. –||A corporate credit union shall enjoy the powers and privileges of any other credit union incorporated under this chapter. In addition to such powers and privileges, and notwithstanding any limitations or restrictions found elsewhere in this chapter, a corporate credit union may:||(a) Accept shares or deposits in any form from its members, from other state, regional or national credit unions, and from credit union organizations or associations;||(b) Make loans to credit unions, to other state, regional or national corporate credit unions, organizations or associations of credit unions, and to other members;||(c) Establish lines of credit for members and participate with other credit unions in making loans to its members under the terms and conditions determined by the board of directors;||(d) Invest in the shares of or make deposits in credit unions;||(e) Buy and sell any form of marketable debt obligations of domestic or foreign corporations or of federal, state or local government units;||(f) Borrow from any source without limitation, accept demand deposits from any source, and issue notes or debentures;||(g) Acquire or sell the assets and assume the liabilities of a member; and||(h) Enter into agreements with credit unions to discount or purchase loans made under government-guaranteed loan programs, real estate loans made by members or any obligations of the United States or any agency thereof held by members.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-E:13-1307 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-E - Credit Union Act|Section 383-E:13-1307 - Powers.

    383-E:13-1307 Powers. –||The corporate credit union may exercise such incidental powers or privileges as are conferred upon federal corporate credit unions, subject to the approval of the commissioner.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-E:13-1308 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-E - Credit Union Act|Section 383-E:13-1308 - Participation in Central System.

    383-E:13-1308 Participation in Central System. –||The corporate credit union may enter into agreements for the purpose of participation in any state or federal central liquidity facility or central financial system for credit unions, and for the purpose of aiding credit unions in establishing concentrated lines of credit with other financial entities, and may act as a depositor and transmitter of funds to carry out the agreements.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-E:13-1309 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-E - Credit Union Act|Section 383-E:13-1309 - Right of Set-Off; Security Interest.

    383-E:13-1309 Right of Set-Off;  Security Interest. –||The corporate credit union shall have a right of immediate set-off against the balances of the share and deposit accounts of each member for any amounts due from the member to the corporate credit union.||(a) The corporate credit union shall have a lien on all share and deposit accounts of each member in the amount of the total indebtedness of the member to the corporate credit union. The lien created by this subsection shall attach to the accounts and be effective whenever the member is indebted to the corporate credit union. The lien shall have priority over any interests of all members and unsecured creditors of the member credit unions of the corporate credit union.||(b) The board of directors or credit committee may require and accept additional security for loans to a member in the form of a pledge, assignment, hypothecation or mortgage of any assets of the member or a guarantor.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-E:13-1310 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-E - Credit Union Act|Section 383-E:13-1310 - Meetings.

    383-E:13-1310 Meetings. –||The board of directors of a corporate credit union shall meet at least every 90 days in person or by means of telephone, as provided in the bylaws. The annual meeting of the members of the corporate credit union shall be held at such time as is prescribed in the bylaws. Each member shall be entitled to one vote irrespective of the number of shares held by the member.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-E:13-1311 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-E - Credit Union Act|Section 383-E:13-1311 - Fees.

    383-E:13-1311 Fees. –||The operating fees established by the commissioner under RSA 383:11 shall make allowances for the special purposes and operations of a corporate credit union.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 383-E:13-1312 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-E - Credit Union Act|Section 383-E:13-1312 - Reserves.

    383-E:13-1312 Reserves. –||A corporate credit union shall be exempt from the regular reserve requirements of RSA 383-E:8-801 but shall be required to establish and maintain an equity reserve to meet losses, in accordance with rules adopted by the commissioner, under RSA 541-A.|||Source. 2015, 272:16. 2016, 230:6, eff. Aug. 8, 2016.|
NH Rev Stat § 383-E:13-1313 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 383-E - Credit Union Act|Section 383-E:13-1313 - Exemptions.

    383-E:13-1313 Exemptions. –||The corporate credit union shall be exempt from the securities laws of New Hampshire.|||Source. 2015, 272:16, eff. Oct. 1, 2015.|
NH Rev Stat § 384-F:1 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 384-F - The New Hampshire International Banking Act|Section 384-F:1 - Title and Purposes.

    384-F:1 Title and Purposes. –||I. This chapter shall be known and may be cited as the "New Hampshire International Banking Act."||II. This chapter is intended generally to provide for state regulation of the participation by foreign banks in the financial markets of this state.||III. Consistent with the federal International Banking Act, the Bank Holding Company Act, the Federal Deposit Insurance Act, and the Interstate Banking and Branching Efficiency Act, this chapter is intended specifically:||(a) To authorize banking activities and operations, under state licenses issued by the bank commissioner, of direct branch and agency offices in this state of foreign banks, generally under terms and conditions not less favorable than the terms and conditions under which such activities and operations may be conducted by federal branch or agency offices of foreign banks in the United States, and to set forth a statutory framework for the licensing, regulation, and supervision of such state-licensed offices of foreign banks by the bank commissioner to assure the safe and sound operation of such offices that are licensed under the laws of this state;||(b) To authorize representative offices in this state of foreign banks, and to set forth statutory provisions governing the licensing and supervision of such offices by the bank commissioner; and||(c) To ensure that the banking laws and regulations of this state otherwise apply to foreign banks, and to New Hampshire and out-of-state banks and bank holding companies that are owned or controlled by foreign banks, in a manner consistent with the laws and policies of the United States governing the operations in this country of foreign banks.|||Source. 1997, 236:1, eff. July 1, 1997.|
NH Rev Stat § 384-F:3 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 384-F - The New Hampshire International Banking Act|Section 384-F:3 - General Rulemaking Authority.

    384-F:3 General Rulemaking Authority. –||The commissioner is authorized and empowered to adopt rules, pursuant to RSA 541-A, and orders as the commissioner may deem necessary in order to perform his or her duties and functions under this chapter and to administer and carry out the provisions and purposes of this chapter and to prevent evasions thereof.|||Source. 1997, 236:1, eff. July 1, 1997.|
NH Rev Stat § 384-F:4 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 384-F - The New Hampshire International Banking Act|Section 384-F:4 - Severability.

    384-F:4 Severability. –||If any provision of this chapter or the application of such provision is found by any court of competent jurisdiction in the United States to be invalid as to any bank, bank holding company, foreign bank, or other person or circumstances, or to be superseded by federal law, the remaining provisions hereof shall not be affected and shall continue to apply to any bank, bank holding company, foreign bank, or other person or circumstances.|||Source. 1997, 236:1, eff. July 1, 1997.|
NH Rev Stat § 384-F:5 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 384-F - The New Hampshire International Banking Act|Section 384-F:5 - Purposes.

    384-F:5 Purposes. –||This subdivision is generally intended to ensure that the laws and rules of this state applicable to the ownership and operations of New Hampshire banks, and interstate branches in this state of out-of-state banks do not discriminate against such banks that are owned or controlled by foreign banks or other foreign persons in a manner inconsistent with the provisions of section 3(d) of the Bank Holding Company Act (12 U.S.C. section 1842(d)), as amended effective September 29, 1995, by section 101 of the Interstate Banking and Branching Efficiency Act, or with other laws and policies of the United States.|||Source. 1997, 236:1, eff. July 1, 1997.|
NH Rev Stat § 384-F:6 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 384-F - The New Hampshire International Banking Act|Section 384-F:6 - Operations in This State of Banks Owned or Controlled by Foreign Banks and Other Foreign Persons.

    384-F:6 Operations in This State of Banks Owned or Controlled by Foreign Banks and Other Foreign Persons. –||I. Except as provided in paragraph II of this section:||(a) The laws and rules of this state governing the acquisition or ownership of controlling or other interests in New Hampshire banks or in out-of-state banks seeking to establish and maintain one or more interstate branches in this state shall not generally prohibit ownership of such institutions by, or otherwise discriminate against, foreign banks or other foreign persons, notwithstanding any provision of the laws or rules of this state to the contrary.||(b) The laws and rules of this state governing the powers and activities of New Hampshire banks and of out-of-state banks maintaining one or more interstate branches in this state shall not discriminate among such banks on the basis of their ownership or control by foreign banks or other foreign persons, notwithstanding any provision of the laws or rules of this state to the contrary.||II. Notwithstanding the provisions of paragraph I the commissioner is authorized to apply any standards or requirements of the laws and rules of this state governing the ownership, control or operations of New Hampshire banks, even if applicable specifically or exclusively to foreign banks or other foreign persons, to the extent such standards or requirements are determined by rule or order of the commissioner to be either:||(a) Substantially equivalent to or consistent with the standards or requirements governing the ownership, control or operations of New Hampshire banks by foreign banks or other foreign persons under applicable U.S. federal laws or regulations; or||(b) Otherwise consistent with the laws and policies of the United States, including its international agreements governing financial services.|||Source. 1997, 236:1, eff. July 1, 1997.|
NH Rev Stat § 384-F:7 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 384-F - The New Hampshire International Banking Act|Section 384-F:7 - Citizenship and Residency Requirements for Directors of State Banks.

    384-F:7 Citizenship and Residency Requirements for Directors of State Banks. –||Notwithstanding any other provision of the laws and rules of this state, the citizenship and residency requirements otherwise applicable to members of the board of directors of any New Hampshire bank may, in the case of a New Hampshire bank which is a subsidiary or affiliate of a foreign bank, be waived by the commissioner in his or her discretion upon application by the controlling shareholder of the New Hampshire bank; provided that at least a majority of the directors shall be citizens of the United States and at least a majority of the directors shall be residents of this state.|||Source. 1997, 236:1, eff. July 1, 1997.|
NH Rev Stat § 384-F:8 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 384-F - The New Hampshire International Banking Act|Section 384-F:8 - Short Title and Purposes.

    384-F:8 Short Title and Purposes. –||I. This subdivision shall be known and may be cited as the "New Hampshire Foreign Bank Office Act."||II. Consistent with the federal International Banking Act, the Bank Holding Company Act, the Federal Deposit Insurance Act, and the Interstate Banking and Branching Efficiency Act, this subdivision is intended:||(a) To authorize banking activities and operations, under state licenses issued by the commissioner, of direct branch and agency offices in this state of foreign banks, generally under terms and conditions not less favorable than the terms and conditions under which such activities and operations may be conducted by federal branch or agency offices of foreign banks in the United States, and to set forth a statutory framework for the licensing, regulation, and supervision of such state-licensed offices of foreign banks by the commissioner to assure the safe and sound operation of such offices that are licensed under the laws of this state; and||(b) To authorize representative offices in this state of foreign banks, and to set forth statutory provisions governing the licensing and supervision of such offices by the commissioner.|||Source. 1997, 236:1, eff. July 1, 1997.|
NH Rev Stat § 384-F:9 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 384-F - The New Hampshire International Banking Act|Section 384-F:9 - Branches and Agencies of Foreign Banks; Necessity of Licensure.

    384-F:9 Branches and Agencies of Foreign Banks;  Necessity of Licensure. –||I. No foreign bank shall transact business in this state except at a New Hampshire state branch or New Hampshire state agency which it is licensed to establish and maintain pursuant to this chapter, and at which it conducts such activities as are permitted by this chapter.||II. Paragraph I shall not be deemed to prohibit:||(a) Any foreign bank which establishes and maintains a federal agency or federal branch in this state from transacting at such federal agency or federal branch such business as it may be authorized to transact under applicable federal laws and regulations;||(b) Any foreign bank which does not maintain a New Hampshire state branch or New Hampshire state agency from making in this state loans secured by liens on real or personal property located in this state or enforcing such loans in this state;||(c) Any foreign bank which does not maintain a New Hampshire branch or New Hampshire agency from transacting trust business in this state as long as the trust business is not conducted from an office or location in this state;||(d) Any foreign bank which maintains a New Hampshire branch or agency from transacting business as agent for an affiliated depository or other institution in accordance with provisions of this chapter; or||(e) Any foreign bank organized under the laws of a territory of the United States, Puerto Rico, Guam, American Samoa, or the Virgin Islands, the deposits of which are insured by the Federal Deposit Insurance Corporation, from establishing and operating an interstate branch in this state in its capacity as a "state bank" as defined in the Federal Deposit Insurance Act, pursuant to the authorities contained in that Act and in the laws of this state.||III. For purposes of paragraph I, no foreign bank shall be deemed to be transacting business in this state merely because a subsidiary or affiliate transacts business in this state, including business that any depository institution, subsidiary, or affiliate may lawfully conduct in this state as an agent for the foreign bank in accordance with and to the extent authorized by the laws of this state and applicable rules, regulations, or orders of the commissioner.|||Source. 1997, 236:1, eff. July 1, 1997.|
NH Rev Stat § 384-F:10 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 384-F - The New Hampshire International Banking Act|Section 384-F:10 - Application to Establish and Maintain a Branch or Agency; Contents.

    384-F:10 Application to Establish and Maintain a Branch or Agency;  Contents. –||A foreign bank, in order to procure a license under this chapter to establish and maintain a New Hampshire state branch or New Hampshire state agency shall submit an application to the commissioner, in a form prescribed by the commissioner in rules adopted pursuant to RSA 541-A. Such application shall contain:||I. The same information as required by the Board of Governors of the Federal Reserve System for an application to establish a branch or agency, as the case may be, in the United States;||II. An instrument irrevocably appointing the commissioner or his or her successors in office to be such foreign bank's agent, representative, and attorney to receive service of any lawful judicial and administrative process in accordance with RSA 384-F:24; and||III. Such additional information as the commissioner may require by rules, adopted pursuant to RSA 541-A, or order.|||Source. 1997, 236:1, eff. July 1, 1997.|
NH Rev Stat § 384-F:11 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 384-F - The New Hampshire International Banking Act|Section 384-F:11 - Application to Establish and Maintain a Branch or Agency; Manner of Filing and Determination.

    384-F:11 Application to Establish and Maintain a Branch or Agency;  Manner of Filing and Determination. –||I. A foreign bank making an application under this chapter for a license to establish and maintain a New Hampshire state branch or New Hampshire state agency shall deliver to the commissioner:||(a) At least 2 duplicate originals of the foreign bank's application; and||(b) At least 2 copies of its charter or articles of incorporation and all amendments thereto, duly authenticated by the proper officer of the country of such foreign bank's organization.||II. The commissioner shall issue a license to a foreign bank to establish and maintain a New Hampshire state branch or New Hampshire state agency if he or she finds:||(a) That the foreign bank is of good character and sound financial standing;||(b) That the management of the foreign bank and the proposed management of the New Hampshire state branch or New Hampshire state agency are adequate;||(c) That the convenience and needs of persons to be served by the proposed New Hampshire state branch or New Hampshire state agency will be promoted; and||(d) That the foreign bank satisfies such other standards as the commissioner may establish in rules adopted pursuant to RSA 541-A.||III. If the commissioner determines to issue a license to a foreign bank to establish and maintain a New Hampshire state branch or New Hampshire state agency, he or she shall, when all fees have been paid as required under this chapter:||(a) Endorse on each application the date of the filing thereof;||(b) File in his or her office one of such duplicate originals of the application and copies of the charter or articles of incorporation and amendments thereto; and||(c) Issue a license to establish and maintain a New Hampshire state branch or New Hampshire state agency to such foreign bank.||A duplicate original of the license issued by the commissioner, along with a certified copy of the foreign bank's charter or articles of incorporation and amendments thereto shall be filed with the New Hampshire secretary of state before such branch or agency shall commence business in the state of New Hampshire. A copy of any certificate or similar document issued by the secretary of state in connection with such filing shall be forthwith filed with the commissioner.||IV. Each license issued to a foreign bank to establish and maintain a New Hampshire state branch or New Hampshire state agency shall state fully the name of the foreign bank to which such license is issued, and all such other information as the commissioner may require by rule or order.|||Source. 1997, 236:1, eff. July 1, 1997.|
NH Rev Stat § 384-F:12 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 384-F - The New Hampshire International Banking Act|Section 384-F:12 - Application Fee.

    384-F:12 Application Fee. –||Upon applying to the commissioner under this chapter for a license to establish and maintain a New Hampshire state branch or New Hampshire state agency, a foreign bank shall pay to the commissioner an application fee of $1,500 for each branch or agency.|||Source. 1997, 236:1, eff. July 1, 1997.|
NH Rev Stat § 384-F:13 (2021)
2021 New Hampshire Revised Statutes|Title XXXV - Banks and Banking; Loan Associations; Credit Unions|Title 384-F - The New Hampshire International Banking Act|Section 384-F:13 - No Concurrent Maintenance of Federal Branches or Agencies.

    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.|