New Hampshire Revised Statutes 383-C:8-807 – Interim Trust Company
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Terms Used In New Hampshire Revised Statutes 383-C:8-807
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
If an interim entity is formed solely for the purpose of effecting a change in control of any trust company that is authorized to conduct trust business under a valid charter, the interim entity shall not be obligated to obtain a charter or authority to transact business as a state bank subject to the supervision of the commissioner so long as the only business or activity in which the interim entity engages is to effect a change of control of a trust company permitted under this chapter.