§412:5-202  Membership in federal banks.  Anybank may become a member of a federal reserve bank organized under authority ofthe Federal Reserve Act or of a federal home loan bank organized under theFederal Home Loan Bank Act, or any successor or similar system of federal banksestablished by Congress, and may purchase and hold the shares of such federalbank.  The bank may have and exercise all powers not in conflict with the lawsof this State incident to such membership; provided, however that notwithstandingsuch membership the bank and its directors, officers, and shareholders shallcontinue to be subject to all liabilities and duties imposed upon them by anylaw of this State. [L 1993, c 350, pt of §1]