Public-domain · open source
OpenJurist

N.H. Rev. Stat. Ann. § 383-E:9-902

Branch Closings and Relocations

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

(a) A credit union may close a branch office upon the affirmative vote of a majority of its board of directors, but the closing shall not occur until the credit union has filed notice of the branch office closing with the commissioner under RSA 383-A:6-602. The credit union shall be required to comply with federal requirements for branch closings.

(b) A credit union may relocate a branch office upon the affirmative vote of a majority of its board of directors, but the relocation shall not occur until the credit union has filed notice of the branch office relocation with the commissioner under RSA 383-A:6-602. The credit union shall be required to comply with federal requirements for branch relocations.

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.