As used in this chapter the following words and phrases shall have the meanings indicated unless a contrary meaning shall clearly appear in the context: I. ""Bank'' means any bank, trust company, savings bank and trust company, loan and banking company, commercial bank, mutual savings bank, guaranty savings bank, cooperative bank, savings and loan association, building and loan association or similar institution which is chartered as such by this state and actively engaged in business as such therein. II. ""National bank'' means any national banking association authorized to conduct business in this state. III. ""Branch office'' means any house, office, separate building, depot, agency, mobile facility or place of business, other than its principal office, at which deposits are received, checks paid, or loans made or payments thereon received, or any of a bank's other usual banking business is conducted, but shall not include any place at which only records are made, posted or kept. IV. ""Bank holding company'' means any bank, corporation, partnership, business trust, voting trust, unincorporated association, joint stock association or similar organization organized under the laws of this state or doing business in this state which directly or indirectly (1) owns, controls or holds the power to vote 25 percent or more of the voting stock of each of 2 or more banks, including national banks; or (2) possesses the power to control or controls the election of a majority of the directors of any 2 banks, including national banks. Nothing herein shall be construed to authorize an ""out-of-state bank holding company'' as defined or referred to in Title 12, United States Code, sections 1841 and 1842(d), to become a bank holding company. V. ""Affiliate'' shall mean (1) any bank or national bank 25 percent or more of whose voting stock is owned or controlled by a bank holding company; or (2) any bank or national bank the election of a majority of whose directors is controlled in any manner by a bank holding company; or (3) any bank or national bank 25 percent or more of whose vote or voting stock is held by trustees for the benefit of the stockholders or members of a bank holding company. VI. ""Commissioner'' means the bank commissioner. VII. [Repealed.] VII-a. ""Board'' means the board of trust company incorporation established by RSA 392. VIII. ""Town'' means the geographical area which comprises any incorporated town or city within this state. IX. ""Contiguous town'' means any incorporated town or city any part of the boundaries of which are contiguous to any part of the boundaries of the town or city in which the principal office of a bank is located. X. ""Consolidation'' means an agreement for, or the consolidation, merger or union of one bank with another or an agreement for, or the acquisition by purchase by one bank of all or substantially all the assets of another bank, in accordance with the other laws applicable thereto. XI. ""Population'' means the population of towns as compiled in the most recent annual report of the New Hampshire office of energy and planning. XII. ""Standard metropolitan statistical area'' means the area defined as such by the office of management and budget of the United States. XIII. ""Loan production office'' means any place of business located within this state at which a bank chartered by this state or any other state engages in loan origination or loan solicitation. These terms do not include acceptance of deposits or any other usual activities of banking. A loan production office of an out-of-state chartered bank is not a branch office within the meaning of the term ""branch office'' as defined in paragraph III of this section.
As used in this chapter the following words and phrases shall have the meanings indicated unless a contrary meaning shall clearly appear in the context: I. ""Bank'' means any bank, trust company, savings bank and trust company, loan and banking company, commercial bank, mutual savings bank, guaranty savings bank, cooperative bank, savings and loan association, building and loan association or similar institution which is chartered as such by this state and actively engaged in business as such therein. II. ""National bank'' means any national banking association authorized to conduct business in this state. III. ""Branch office'' means any house, office, separate building, depot, agency, mobile facility or place of business, other than its principal office, at which deposits are received, checks paid, or loans made or payments thereon received, or any of a bank's other usual banking business is conducted, but shall not include any place at which only records are made, posted or kept. IV. ""Bank holding company'' means any bank, corporation, partnership, business trust, voting trust, unincorporated association, joint stock association or similar organization organized under the laws of this state or doing business in this state which directly or indirectly (1) owns, controls or holds the power to vote 25 percent or more of the voting stock of each of 2 or more banks, including national banks; or (2) possesses the power to control or controls the election of a majority of the directors of any 2 banks, including national banks. Nothing herein shall be construed to authorize an ""out-of-state bank holding company'' as defined or referred to in Title 12, United States Code, sections 1841 and 1842(d), to become a bank holding company. V. ""Affiliate'' shall mean (1) any bank or national bank 25 percent or more of whose voting stock is owned or controlled by a bank holding company; or (2) any bank or national bank the election of a majority of whose directors is controlled in any manner by a bank holding company; or (3) any bank or national bank 25 percent or more of whose vote or voting stock is held by trustees for the benefit of the stockholders or members of a bank holding company. VI. ""Commissioner'' means the bank commissioner. VII. [Repealed.] VII-a. ""Board'' means the board of trust company incorporation established by RSA 392. VIII. ""Town'' means the geographical area which comprises any incorporated town or city within this state. IX. ""Contiguous town'' means any incorporated town or city any part of the boundaries of which are contiguous to any part of the boundaries of the town or city in which the principal office of a bank is located. X. ""Consolidation'' means an agreement for, or the consolidation, merger or union of one bank with another or an agreement for, or the acquisition by purchase by one bank of all or substantially all the assets of another bank, in accordance with the other laws applicable thereto. XI. ""Population'' means the population of towns as compiled in the most recent annual report of the New Hampshire office of energy and planning. XII. ""Standard metropolitan statistical area'' means the area defined as such by the office of management and budget of the United States. XIII. ""Loan production office'' means any place of business located within this state at which a bank chartered by this state or any other state engages in loan origination or loan solicitation. These terms do not include acceptance of deposits or any other usual activities of banking. A loan production office of an out-of-state chartered bank is not a branch office within the meaning of the term ""branch office'' as defined in paragraph III of this section.
As used in this chapter the following words and phrases shall have the meanings indicated unless a contrary meaning shall clearly appear in the context: I. ""Bank'' means any bank, trust company, savings bank and trust company, loan and banking company, commercial bank, mutual savings bank, guaranty savings bank, cooperative bank, savings and loan association, building and loan association or similar institution which is chartered as such by this state and actively engaged in business as such therein. II. ""National bank'' means any national banking association authorized to conduct business in this state. III. ""Branch office'' means any house, office, separate building, depot, agency, mobile facility or place of business, other than its principal office, at which deposits are received, checks paid, or loans made or payments thereon received, or any of a bank's other usual banking business is conducted, but shall not include any place at which only records are made, posted or kept. IV. ""Bank holding company'' means any bank, corporation, partnership, business trust, voting trust, unincorporated association, joint stock association or similar organization organized under the laws of this state or doing business in this state which directly or indirectly (1) owns, controls or holds the power to vote 25 percent or more of the voting stock of each of 2 or more banks, including national banks; or (2) possesses the power to control or controls the election of a majority of the directors of any 2 banks, including national banks. Nothing herein shall be construed to authorize an ""out-of-state bank holding company'' as defined or referred to in Title 12, United States Code, sections 1841 and 1842(d), to become a bank holding company. V. ""Affiliate'' shall mean (1) any bank or national bank 25 percent or more of whose voting stock is owned or controlled by a bank holding company; or (2) any bank or national bank the election of a majority of whose directors is controlled in any manner by a bank holding company; or (3) any bank or national bank 25 percent or more of whose vote or voting stock is held by trustees for the benefit of the stockholders or members of a bank holding company. VI. ""Commissioner'' means the bank commissioner. VII. [Repealed.] VII-a. ""Board'' means the board of trust company incorporation established by RSA 392. VIII. ""Town'' means the geographical area which comprises any incorporated town or city within this state. IX. ""Contiguous town'' means any incorporated town or city any part of the boundaries of which are contiguous to any part of the boundaries of the town or city in which the principal office of a bank is located. X. ""Consolidation'' means an agreement for, or the consolidation, merger or union of one bank with another or an agreement for, or the acquisition by purchase by one bank of all or substantially all the assets of another bank, in accordance with the other laws applicable thereto. XI. ""Population'' means the population of towns as compiled in the most recent annual report of the New Hampshire office of energy and planning. XII. ""Standard metropolitan statistical area'' means the area defined as such by the office of management and budget of the United States. XIII. ""Loan production office'' means any place of business located within this state at which a bank chartered by this state or any other state engages in loan origination or loan solicitation. These terms do not include acceptance of deposits or any other usual activities of banking. A loan production office of an out-of-state chartered bank is not a branch office within the meaning of the term ""branch office'' as defined in paragraph III of this section.
