Section 389-A:3 Approval of Application. - New Hampshire Statutes

The bank commissioner, upon being satisfied that the application conforms to law, shall endorse his or her approval thereon, and thereupon said application shall be filed in the office of the secretary of state, who, upon payment of a fee equal to the fee charged by the secretary of state to business corporations under RSA 293-A, shall cause the same, with the approval endorsed thereon, to be recorded and shall issue a certificate of incorporation as prescribed in RSA 386-A or RSA 393, as the case may be. Such certificate shall be deemed an amendment to the pre-existing charter or articles of agreement of the converting institution and its corporate existence shall not thereby be interrupted. The bank commissioner may require the converting institution to change its investment portfolio to conform to the laws regulating the investments of the institution as converted.

Source. 1969, 371:1. 2005, 124:2, eff. Aug. 14, 2005.