Any security held under RSA 383-E:4-404 through 409 which becomes nonlegal because of changes in the law relating to legal investments or because of conditions arising subsequent to the purchase of such security, may be retained upon application to the commissioner for approval to retain the security.
N.H. Rev. Stat. Ann. § 383-E:4-410
Retention of Securities
Known as the Credit Union Act
The act spans §§ 383-E:10-1001 to 383-E:9-903 (85 sections).
Source. 2015, 272:16, eff
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.