{"data":{"id":"us-nh/rsa-383-b-3-302","jurisdiction":"us-nh","citation":"RSA 383-B:3-302","heading":"Management.","body":"(a) A depository bank shall have a board of not less than 5 directors, of which a majority shall be residents of New Hampshire or a state that borders New Hampshire.\n(b) The board of directors of a depository bank shall meet on a regular basis as often as necessary but not less than 9 times per year, unless the commissioner shall issue an order requiring the board to meet more frequently based on a finding that the safety and soundness of the depository bank is likely to be impaired if meetings are not held more frequently.","path":["Title XXXV: BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS","Chapter ARTICLE 3: Banking Business"],"source_url":"https://gc.nh.gov/rsa/html/XXXV/383-B/383-B-3-302.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T15:44:43Z","sha256":"2ed020724a2b311e076db611c938163c3ffccee6bed74db845ec5307e187d2a7","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-383-b-3-301","next":"us-nh/rsa-383-b-3-303"},"notice":"GroundRules: Original legal text. Not legal advice."}