New Hampshire § 374-E-7 - Section 374-E:7 Prohibited Acts.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 374-E-7 — Section 374-E:7 Prohibited Acts., with citation guidance and answers to common questions.
§ 374-E-7. Section 374-E:7 Prohibited Acts.
Nothing contained in this chapter shall be construed to authorize or to empower the division: I. To make loans of money to any person, firm, or corporation other than a municipality, or to purchase securities issued by any person, firm, or corporation other than a municipality, or for investment, except as provided in this chapter; II. To emit bills of credit, to accept deposits of money for time or demand deposit, to administer trusts, to engage in any form or manner in, or in the conduct of, any private or commercial banking business, or to act as a savings bank or savings and loan association; III. To be or to constitute any bank or trust company within the jurisdiction or under the control of the bank commissioner, or the Comptroller of the Currency or the Department of the Treasury of the United States of America; or IV. To be or to constitute any bank, banker, or dealer in securities within the meaning of or subject to the provisions of any securities law, securities exchange, or securities dealers law of the United States of America, this state, or any other state.
Frequently Asked Questions About New Hampshire § 374-E-7
What does New Hampshire Revised Statutes Annotated § 374-E-7 cover?
Section 374-E-7 ("Section 374-E:7 Prohibited Acts.") 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 § 374-E-7?
A common citation format is "New Hampshire Revised Statutes Annotated § 374-E-7" (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 § 374-E-7 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.