New Hampshire § 384-F-7 - Section 384-F:7 Citizenship and Residency Requirements for Directors of State Banks.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 384-F-7 — Section 384-F:7 Citizenship and Residency Requirements for Directors of State Banks., with citation guidance and answers to common questions.
§ 384-F-7. Section 384-F:7 Citizenship and Residency Requirements for Directors of State Banks.
Notwithstanding any other provision of the laws and rules of this state, the citizenship and residency requirements otherwise applicable to members of the board of directors of any New Hampshire bank may, in the case of a New Hampshire bank which is a subsidiary or affiliate of a foreign bank, be waived by the commissioner in his or her discretion upon application by the controlling shareholder of the New Hampshire bank; provided that at least a majority of the directors shall be citizens of the United States and at least a majority of the directors shall be residents of this state.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 384-F-7
What does New Hampshire Revised Statutes Annotated § 384-F-7 cover?
Section 384-F-7 ("Section 384-F:7 Citizenship and Residency Requirements for Directors of State Banks.") 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 § 384-F-7?
A common citation format is "New Hampshire Revised Statutes Annotated § 384-F-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 § 384-F-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.