New Hampshire § 396-5 - Section 396:5 Conservator.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 396-5 — Section 396:5 Conservator., with citation guidance and answers to common questions.
§ 396-5. Section 396:5 Conservator.
Whenever the commissioner shall deem it necessary in order to conserve the assets of any institution under his supervision for the benefit of the depositors and other creditors thereof, he may appoint a conservator of such institution and require of him such bond and security as the commissioner deems proper. The conservator's appointment shall be recorded in the office of the secretary of state and a copy thereof shall be placed in the corporate records of the institution affected. The conservator, under the direction of the commissioner, shall take possession of the books, records, and assets of every description of such institution and take such action as may be necessary to conserve its assets and to manage, direct, and control the business of the institution if any part of its business is to be continued or resumed.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 396-5
What does New Hampshire Revised Statutes Annotated § 396-5 cover?
Section 396-5 ("Section 396:5 Conservator.") 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 § 396-5?
A common citation format is "New Hampshire Revised Statutes Annotated § 396-5" (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 § 396-5 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.