New Hampshire Revised Statutes 383-C:4-402 – Consideration of Safety and Soundness of Trust Companies
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In New Hampshire Revised Statutes 383-C:4-402
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
The commissioner shall consider the safety and soundness of a trust company and may make findings relative to a trust company’s safety and soundness: (i) when considering any application or notice submitted by a trust company or by any person proposing to be chartered as a trust company; (ii) when examining or investigating the trust company; (iii) when determining whether or not to initiate any proceeding or issue any no-objection letter, notice, determination; (iv) or order in respect of a trust company, its directors, or its officers, or otherwise as required by this chapter or as the commissioner determines in the commissioner’s discretion.