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N.H. Rev. Stat. Ann. § 383-C:10-1001

Authority to Dissolve

Known as the Trust Company Act

The act spans §§ 383-C:10-1001 to 383-C:9-901 (52 sections).

Source. 2015, 272:16, eff

A trust company may voluntarily dissolve in the manner provided in this article. Upon dissolution under this section, a trust company shall surrender its trust company charter to the commissioner and shall not have authority to transact business as a state bank or to engage in trust business in this state. Dissolution of a trust company may be accomplished by the liquidation of the trust company or by reorganizing the trust company into an entity that does not have authority to transact business as a state bank or conduct trust business in this state.

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.