{"data":{"id":"us-nh/rsa-383-a-3-318","jurisdiction":"us-nh","citation":"RSA 383-A:3-318","heading":"Material Change in Operating Conditions.","body":"If a board of directors of a depository bank proposes to make a material change in the business plan, capital plan, or other factors considered by the commissioner in granting a charter to the depository bank within 3 years of its receipt of a certificate to engage in business under RSA 383-A:3-315, then the board of directors may not make the change unless it submits an application seeking approval of the change to the commissioner as provided in RSA 383-A:6-602 and it is permitted to do so by the commissioner. Notwithstanding the foregoing, the commissioner may extend the 3 year period by an additional 2 years for any depository bank subject to this section, if the commissioner determines such extension is necessary in the interest of safety and soundness.","path":["Title XXXV: BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS","Chapter ARTICLE 3: Organization of State Banks"],"source_url":"https://gc.nh.gov/rsa/html/XXXV/383-A/383-A-3-318.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T15:44:32Z","sha256":"2484062543584a0dbced34aea8033102e13d37f8c6ead9a57249279acd3b56c0","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-383-a-3-317","next":"us-nh/rsa-383-a-3-319"},"notice":"GroundRules: Original legal text. Not legal advice."}