Section 393:51 Filing of Minutes. - New Hampshire Statutes

Copies of the minutes of the proceedings of such meeting of members, verified by the affidavit of the secretary or an assistant secretary, shall be filed in the office of the bank commissioner and mailed to the Office of Thrift Supervision, Washington, D.C., within 10 days after such meeting. Such verified copies of the proceedings of the meeting when so filed shall be presumptive evidence of the holding and action of such meeting. At the meeting at which conversion is voted upon, the members shall also vote upon the directors who shall be the directors of the state-chartered association after conversion takes effect. Such directors shall then execute 2 copies of the articles of agreement provided for in this chapter. The bank commissioner may insert in the articles of agreement the following: ""This association is incorporated by conversion from a federal savings and loan association.'' The directors chosen for the association shall all sign and acknowledge the articles of agreement as subscribers thereto.

Source. 1949, 168:1, par. 47. RSA 393:51. 1991, 107:7, eff. July 12, 1991.