§412:11-101  Registration and
reporting of financial institution holding companies.  (a)  Within one
hundred eighty days after the date of enactment of this article, or within one
hundred eighty days after becoming a financial institution holding company,
whichever is later, and annually thereafter on dates established by the
commissioner, which shall not be earlier than ninety days after the close of
the fiscal year, each financial institution holding company shall register with
the commissioner, on forms provided or prescribed by the commissioner.  Such
forms shall include information with respect to the financial condition,
operation, management and inter-company relationships of the financial
institution holding company and its subsidiaries and related matters as the
commissioner may deem necessary or appropriate to carry out the purposes of
this article.  The commissioner shall, as far as possible consistent with the
effective discharge of the commissioner's responsibilities, prescribe forms in
current use by financial institution holding companies in discharging their
registration or reporting obligations under the federal Securities Exchange
Act, the federal Bank Holding Company Act and the federal Home Owners' Loan
Act.  The commissioner may, in the commissioner's discretion, extend the time
within which a financial institution holding company shall register and file
the requisite information.



(b)  The commissioner is authorized to adopt
rules pursuant to chapter 91 as may be necessary to enable the commissioner to
administer and carry out the registration and reporting procedures and
requirements of this section. [L 1993, c 350, pt of §1]



 



Note



 



  Effective date of L 1993, c 350 is July 1, 1993.