New Hampshire Revised Statutes 383-C:11-1103 – Examination
Current as of: 2023 | Check for updates
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(a) The commissioner may examine a foreign trust company’s trust offices either on-site or off-site for purposes of confirming the foreign trust company’s safety and soundness, including its compliance with applicable laws.
(b) The commissioner may enter into a cooperative or information-sharing agreement with any regulatory authority having jurisdiction with respect to the periodic examination or other supervision of any foreign trust company. In lieu of conducting an examination, the commissioner may accept that agency’s or organization’s report of examination or investigation.
(b) The commissioner may enter into a cooperative or information-sharing agreement with any regulatory authority having jurisdiction with respect to the periodic examination or other supervision of any foreign trust company. In lieu of conducting an examination, the commissioner may accept that agency’s or organization’s report of examination or investigation.
Terms Used In New Hampshire Revised Statutes 383-C:11-1103
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.