N.H. Rev. Stat. § 383-B:7-704

Current through the 2024 Legislative Session
Section 383-B:7-704 - Loan Production Offices

A depository bank and foreign bank that is authorized to make loans may engage in the business of loan production. A loan production office is any place of business located within this state at which the bank engages solely in activities relating to loan production. A loan production office is not a branch office. A depository bank or foreign bank shall provide the commissioner with written notice of its intent to establish or relocate a loan production office under RSA 383-A:6-602 and may proceed to establish a loan production office after filing the notice without further action by the commissioner.

RSA 383-B:7-704

Amended by 2018 , 184: 4, eff. 8/7/2018.
Added by 2015 , 272: 16, eff. 10/1/2015.

2015, 272 : 16 , eff. Oct. 1, 2015. 2018, 184 : 4 , eff. Aug. 7, 2018.