New Hampshire Revised Statutes 384-F:10 – Application to Establish and Maintain a Branch or Agency; Contents
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A foreign bank, in order to procure a license under this chapter to establish and maintain a New Hampshire state branch or New Hampshire state agency shall submit an application to the commissioner, in a form prescribed by the commissioner in rules adopted pursuant to RSA 541-A. Such application shall contain:
I. The same information as required by the Board of Governors of the Federal Reserve System for an application to establish a branch or agency, as the case may be, in the United States;
II. An instrument irrevocably appointing the commissioner or his or her successors in office to be such foreign bank‘s agent, representative, and attorney to receive service of any lawful judicial and administrative process in accordance with N.H. Rev. Stat. § 384-F:24; and
III. Such additional information as the commissioner may require by rules, adopted pursuant to RSA 541-A, or order.
I. The same information as required by the Board of Governors of the Federal Reserve System for an application to establish a branch or agency, as the case may be, in the United States;
Terms Used In New Hampshire Revised Statutes 384-F:10
- Agency: when used in reference to an office of a foreign bank, shall have the same meaning as set forth in section 1(b)(1) of the federal International Banking Act (12 U. See New Hampshire Revised Statutes 384-F:2
- bank: as used in this chapter shall not in any event include a foreign bank or a branch or agency of a foreign bank. See New Hampshire Revised Statutes 384-F:2
- Branch: when used in reference to an office of a foreign bank, shall have the same meaning as set forth in section 1(b)(3) of the federal International Banking Act (12 U. See New Hampshire Revised Statutes 384-F:2
- Commissioner: means the New Hampshire bank commissioner. See New Hampshire Revised Statutes 384-F:2
- Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
- Foreign bank: means any company organized under the laws of a foreign country, a territory of the United States, Puerto Rico, Guam, American Samoa, or the Virgin Islands, that engages directly in the business of banking. See New Hampshire Revised Statutes 384-F:2
- State: has the same meaning as is set forth in section 3(a)(3) of the Federal Deposit Insurance Act (12 U. See New Hampshire Revised Statutes 384-F:2
- United States: when used in a geographical sense, means the several states, the District of Columbia, Puerto Rico, Guam, American Samoa, the American Virgin Islands, the Trust Territory of the Pacific Islands, and any other territory of the United States; and, when used in a political sense, means the federal government of the United States. See New Hampshire Revised Statutes 384-F:2
II. An instrument irrevocably appointing the commissioner or his or her successors in office to be such foreign bank‘s agent, representative, and attorney to receive service of any lawful judicial and administrative process in accordance with N.H. Rev. Stat. § 384-F:24; and
III. Such additional information as the commissioner may require by rules, adopted pursuant to RSA 541-A, or order.