§412:5-101  Necessity for bank charter. 
Except as expressly permitted by federal law or this chapter, no person shall
engage in any activity for which a charter to operate as a bank is required by
this chapter, including without limitation the solicitation, acceptance, and
holding of deposits in the State, the use of the term "bank", or the
exercise of such other powers or privileges restricted to banks under
applicable law unless it is a corporation incorporated in this State and has
such a charter. [L 1993, c 350, pt of §1; am L 2002, c 40, §29]