Public-domain · open source
OpenJurist

N.H. Rev. Stat. Ann. § 383-B:6-614

Retention of Capital Assets at Holding Company Level

Known as the Depository Bank Act

The act spans §§ 383-B:10-1001 to 383-B:9-908 (61 sections).

Source. 2015, 272:16, eff

With the approval of the commissioner, the plan of reorganization of a mutual bank may provide for the retention of assets at, or transfer of assets to, the mutual holding company, provided the retention will not cause the subsidiary bank to fail to meet any applicable net worth or capital adequacy requirement prescribed by federal or state regulatory authorities and the retention of the assets complies with federal and state laws.

Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.