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New Hampshire · Through 2025 regular legislative session, or December 2025

RSA 383-E:5-511: Grounds for Expulsion.

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Where this section sits in the code
  1. Title XXXV: BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
  2. Chapter ARTICLE 5: Directors and Officers

The board of directors may, after notice and an opportunity to be heard, expel from a credit union any member who:

(a) Has not carried out his engagements with the credit union;

(b) Has been convicted of a criminal offense;

(c) Neglects or refuses to comply with the provisions of this chapter or the bylaws of the credit union;

(d) Habitually neglects to pay his debts;

(e) Shall become insolvent or bankrupt; or

(f) Shall have deceived the credit union or any committee of the credit union with regard to the use of borrowed money.

Collected 2026-09-05T15:45:16Z. Source file · JSON

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