New Hampshire § 397-4 - Section 397:4 New Deposits-Special.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 397-4 — Section 397:4 New Deposits-Special., with citation guidance and answers to common questions.
§ 397-4. Section 397:4 New Deposits-Special.
The commissioner may by order authorize any bank or banks to receive new deposits, which new deposits shall be special deposits and designated as such, shall be segregated from all other deposits and may be invested only in assets approved by the commissioner as being sufficiently liquid to be available when needed to meet any demands on account of such special deposits, which assets shall not be merged with other assets but shall be held in trust for the security and payment of such special deposits, except that income from such assets may to the extent authorized by the commissioner be used by the bank for other proper purposes of the institution, and the withdrawal of such special deposits shall not be subject in any respect to restriction or limitation under this chapter.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 397-4
What does New Hampshire Revised Statutes Annotated § 397-4 cover?
Section 397-4 ("Section 397:4 New Deposits-Special.") 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 § 397-4?
A common citation format is "New Hampshire Revised Statutes Annotated § 397-4" (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 § 397-4 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.