New Hampshire § 383-A-5-506 - Section 383-A:5-506 Committees.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 383-A-5-506 — Section 383-A:5-506 Committees., with citation guidance and answers to common questions.
§ 383-A-5-506. Section 383-A:5-506 Committees.
(a) Subject to its oversight and any limitation set forth in the organizational documents, the board of directors of a state bank may create one or more committees, delegate to each committee any powers and duties that the board of directors deems appropriate, and appoint one or more directors, officers, and other natural persons to serve on each committee. (b) Each member of a committee shall be subject to the same standards of conduct to which a director is subject under RSA 383-A:5-505(b). (c) Each committee shall keep minutes of its activities and shall report to the board of directors as frequently as the board of directors requires. (d) The creation of, delegation of power or duties to, or action by a committee does not alone constitute a director's compliance with the standards of conduct described in RSA 383-A:5-505(b).
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 383-A-5-506
What does New Hampshire Revised Statutes Annotated § 383-A-5-506 cover?
Section 383-A-5-506 ("Section 383-A:5-506 Committees.") is part of the New Hampshire Revised Statutes Annotated, the codified statutory law of New Hampshire. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Hampshire § 383-A-5-506?
A common citation format is "New Hampshire Revised Statutes Annotated § 383-A-5-506" (New Hampshire). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Hampshire law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Hampshire official source linked on this page or consult a licensed New Hampshire attorney.
How does New Hampshire § 383-A-5-506 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Hampshire can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Hampshire.