New Hampshire Revised Statutes 383-E:3-307 – Action on Application
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(a) If the commissioner determines that the application meets all of the requirements of this chapter and other applicable federal and state laws, the commissioner shall grant a charter to the credit union by issuing a notice of approval of the organization of the credit union, subject to such terms and conditions as determined by the commissioner, and endorsing the credit union’s bylaws to indicate the commissioner’s approval.
(b) If the application is denied, it shall be dismissed and no new application concerning the same proposal may be filed within one year thereafter.
(c) If the commissioner determines that the application does not satisfy the standards in N.H. Rev. Stat. § 383-E:3-307(a), but could satisfy the standards if the application were revised, he or she shall so notify the organizer; and in such case the organizer may refile the application under N.H. Rev. Stat. § 383-A:6-602.
(b) If the application is denied, it shall be dismissed and no new application concerning the same proposal may be filed within one year thereafter.
Terms Used In New Hampshire Revised Statutes 383-E:3-307
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
(c) If the commissioner determines that the application does not satisfy the standards in N.H. Rev. Stat. § 383-E:3-307(a), but could satisfy the standards if the application were revised, he or she shall so notify the organizer; and in such case the organizer may refile the application under N.H. Rev. Stat. § 383-A:6-602.