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NEW HAMPSHIRE STATUTES AND CODES

Section 384-F:30 Examination; Payment of Fees.


   I. A New Hampshire state branch, New Hampshire state agency, or New Hampshire representative office shall be subject to examination by the commissioner at such intervals and in such a manner as he or she shall establish by rule or order.
   II. In conducting an examination pursuant to this section, the commissioner shall:
      (a) Have full access to the offices, books, accounts, and records of each office located in this state as well as all of the books, accounts, and records maintained in this state of any office not located in this state of such foreign bank; and
      (b) Have authority to require the attendance of and to examine under oath all persons whose testimony may be required relative to the activities of such office.
   III. A foreign bank which is licensed to establish and maintain a New Hampshire state branch, New Hampshire state agency, or New Hampshire representative office shall be assessed an examination fee for the expenses incurred by the commissioner in making an examination of such office. The amount of the examination fee and the procedure for payment shall be the same as that prescribed for the cost of examinations under RSA 383:11.
   IV. A foreign bank which is licensed to establish and maintain a New Hampshire state branch, New Hampshire state agency, or New Hampshire representative office shall be subject to all other fees and expenses to the same extent and in like amounts as such fees and expenses are payable by a New Hampshire bank or out-of-state bank under applicable New Hampshire law.

Source. 1997, 236:1, eff. July 1, 1997.

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