New Hampshire Revised Statutes 383-E:9-902 – Branch Closings and Relocations
Current as of: 2023 | Check for updates
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(a) A credit union may close a branch office upon the affirmative vote of a majority of its board of directors, but the closing shall not occur until the credit union has filed notice of the branch office closing with the commissioner under N.H. Rev. Stat. § 383-A:6-602. The credit union shall be required to comply with federal requirements for branch closings.
(b) A credit union may relocate a branch office upon the affirmative vote of a majority of its board of directors, but the relocation shall not occur until the credit union has filed notice of the branch office relocation with the commissioner under N.H. Rev. Stat. § 383-A:6-602. The credit union shall be required to comply with federal requirements for branch relocations.
(b) A credit union may relocate a branch office upon the affirmative vote of a majority of its board of directors, but the relocation shall not occur until the credit union has filed notice of the branch office relocation with the commissioner under N.H. Rev. Stat. § 383-A:6-602. The credit union shall be required to comply with federal requirements for branch relocations.