N.H. Rev. Stat. § 383-C:6-604

Current through the 2024 Legislative Session

Section 383-C:6-604 - Removal of Directors or Officers by Commissioner

In addition to the grounds for removal set forth in RSA 383-A:9-902, the commissioner may also remove a director or officer of a trust company if, in the opinion of the commissioner, the director or officer does not possess the experience, ability, standing, competence, trustworthiness, and integrity to ensure the safe and sound operation of the trust company. The commissioner shall act in accordance with the procedure described in RSA 383-A:9-902 for any such removal.

RSA 383-C:6-604

Added by 2021 , 194: 18, eff. 10/9/2021.

2021, 194 : 18 , eff. Oct. 9, 2021.