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