A credit union may purchase assets from and assume liabilities of, or sell assets and transfer liabilities to, a bank, state credit union, federal credit union, or foreign credit union if it files an application with the commissioner under RSA 383-A:6-602, subject to other federal or state regulatory approvals.
N.H. Rev. Stat. Ann. § 383-E:4-417
Transactions Involving Assets and Liabilities
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.