Section 383-B:7-703 - Branch Closings and Relocations(a) A depository bank 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 depository bank has filed notice of the branch office closing with the commissioner under RSA 383-A:6-602. The depository bank shall be required to comply with federal requirements for branch closings.(b) A depository bank 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 depository bank has filed notice of the branch office relocation with the commissioner under RSA 383-A:6-602. The depository bank shall comply with federal requirements for branch relocations.Amended by 2017 , 209: 9, eff. 9/8/2017.Added by 2015 , 272: 16, eff. 10/1/2015. 2015, 272 : 16 , eff. Oct. 1, 2015. 2017, 209 : 9 , eff. Sept. 8, 2017.