(a) If the commissioner determines that the application meets all of the requirements of this chapter and other applicable federal and state laws, then the commissioner shall grant a charter to the state bank by (i) issuing a notice of approval of the organization of the state bank, subject to the terms and conditions as determined by the commissioner, and (ii) endorsing the state bank's organizational instrument to indicate the commissioner's approval.
(b) If the application is denied, then it shall be dismissed. After an application's dismissal, no new application concerning the same proposal may be filed within one year thereafter, unless, in his or her discretion for good cause shown, the commissioner consents to the filing of the new application.
(c) If the commissioner determines that the application does not satisfy the standards in subsection (a), but could satisfy the standards if the application were revised, then he or she shall so notify the organizer, and the organizer may refile the application under RSA 383-A:6-602.