(a) A trust company shall file with the commissioner reports of condition as required under N.H. Rev. Stat. § 383-A:5-510 and copies of other documents as required under N.H. Rev. Stat. § 383-A:5-511.
(b) A trust company shall, at the same time it files the annual report of condition pursuant to N.H. Rev. Stat. § 383-A:5-510, report to the commissioner the work address and other contact information where each executive officer of the trust company conducts trust business and the residential address of all directors, which information shall be kept confidential by the commissioner pursuant to N.H. Rev. Stat. § 383:10-b.

Terms Used In New Hampshire Revised Statutes 383-C:13-1301

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.

(c) A trust company shall have a continuing obligation to update the information reported pursuant to subsection (b) within 30 days of any change.
(d) A trust company failing to report the information required pursuant to subsections (b) and (c) within the prescribed time period shall pay to the commissioner a penalty of $50 for each day such a report is overdue.