{"data":{"id":"us-nh/rsa-383-d-5-506","jurisdiction":"us-nh","citation":"RSA 383-D:5-506","heading":"Conversion Into a Trust Company.","body":"A family trust company may apply to convert to a trust company that is authorized to transact business with the general public by filing an application for a trust company charter in accordance with article 3 of RSA 383-A. RSA 383-A and RSA 383-C shall govern the application, and this chapter shall not apply to the application. The conversion shall be effective upon the issuance of a certificate authority granting the entity the authority to transact trust business, including transacting business with the general public. Upon the conversion's effective date, the entity shall cease to be a family trust company, and any exemptions granted under this chapter shall terminate.","path":["Title XXXV: BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS","Chapter ARTICLE 5: Organization and Conversion"],"source_url":"https://gc.nh.gov/rsa/html/XXXV/383-D/383-D-5-506.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T15:45:05Z","sha256":"cd2541089ccbcebeb6ce19160d0ac86a705c2cb7acd1798b0bfb9159cdb11f01","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-383-d-5-505","next":"us-nh/rsa-383-d-6-601"},"notice":"GroundRules: Original legal text. Not legal advice."}