Section 384-C:1 Definitions. - New Hampshire Statutes

When appearing in this chapter:
   I. ""Commissioner'' means the officer of this state appointed under the provisions of RSA 383:1 to exercise supervision over banks, and any other person lawfully exercising such powers.
   II. ""Bank'' includes commercial banks, savings banks, trust companies, cooperative banks, credit unions, any branch or agency of a foreign banking organization, any person or association of persons lawfully carrying on the business of banking, whether incorporated or not, and, to the extent that the provisions hereof are not inconsistent with and do not infringe upon paramount federal law, also includes national banks.
   III. ""Officers'' means the person or persons designated by the board of directors, board of trustees, or other governing body of a bank, to act for the bank in carrying out the provisions of this chapter or, in the absence of any such designation or of the officer or officers so designated, the president or any other officer currently in charge of the bank or of the office or offices in question.
   IV. ""Office'' means any place at which a bank transacts its business or conducts operations related to its business.
   V. ""Emergency'' means any condition or occurrence which may interfere physically with the conduct of normal business operations at one or more or all of the offices of a bank, or which poses an imminent or existing threat to the safety or security of persons or property, or both. Without limiting the generality of the foregoing, an emergency may arise as a result of any one or more of the following: fire, flood, earthquake, hurricanes, wind, rain, or snow storms, labor disputes and strikes, power failures, transportation failures, interruption of communication facilities, shortages of fuel, housing, food, transportation or labor, robbery or attempted robbery, actual or threatened enemy attack, epidemics or other catastrophes, riots, civil commotions, and other acts of lawlessness or violence, actual or threatened.

Source. 1971, 448:1, eff. Aug. 29, 1971.