Section 389:3 National Bank May Convert Into State Bank. - New Hampshire Statutes

A national bank located in this state which follows the procedure prescribed by the laws of the United States to convert into a state bank, shall be granted a certificate of incorporation in this state if the board of trust company incorporation finds that the bank meets the standards as to location of office, capital structure and business experience of officers and directors for the incorporation of a state bank.

Source. 1951, 182:1, par. 23, eff. July 18, 1951.