New Hampshire Revised Statutes 384-F:44 – Purposes
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This subdivision is intended generally to ensure that interstate New Hampshire state branches of out-of-state foreign banks may be established and operated in this state:
I. To the extent consistent with the provisions of section 5 of the federal International Banking Act; and
II. Under terms and conditions that are generally comparable to and no less favorable than those applicable to the establishment of interstate federal branches in this state by out-of-state foreign banks.
I. To the extent consistent with the provisions of section 5 of the federal International Banking Act; and
Terms Used In New Hampshire Revised Statutes 384-F:44
- 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
II. Under terms and conditions that are generally comparable to and no less favorable than those applicable to the establishment of interstate federal branches in this state by out-of-state foreign banks.