New Hampshire § 383-E-4-408 - Section 383-E:4-408 Other Legal Investments.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 383-E-4-408 — Section 383-E:4-408 Other Legal Investments., with citation guidance and answers to common questions.
§ 383-E-4-408. Section 383-E:4-408 Other Legal Investments.
The following described securities are legal investments: (a) Acceptances of member banks of the Federal Reserve System of the times and maturities made eligible for rediscount and purchased by Federal Reserve Banks. (b) Advances of federal funds to banks which also qualify as cash depositories under RSA 383-B:3-301(k), provided that total advances of federal funds under this subsection shall not exceed 20 percent of the credit union's shares and deposits, and the total of such advances by a credit union to any one bank shall not exceed 10 percent of the bank's capital funds. (c) The obligations issued or guaranteed by the International Bank for Reconstruction and Development provided that such obligations are payable in dollars in the United States, and that the principal office of the obligor is, at the time of making such investment, located within the United States.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 383-E-4-408
What does New Hampshire Revised Statutes Annotated § 383-E-4-408 cover?
Section 383-E-4-408 ("Section 383-E:4-408 Other Legal Investments.") 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-E-4-408?
A common citation format is "New Hampshire Revised Statutes Annotated § 383-E-4-408" (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-E-4-408 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.