CHAPTER Ban 1800  TRUST AND BANKING COMPANIES

 

PART Ban 1801  RESERVES - RESERVED

 

Statutory Authority:  RSA 390:11-a, I

 

          Ban 1801.01  Calculation of Bank Reserves. - REPEALED

 

Source.  #4083, eff 7-7-86, EXPIRED: 7-7-92

 

New.  #7486, eff 5-2-01, EXPIRED: 5-2-09

 

New.  #9755, eff 7-16-10; rpld by #12394, eff 9-29-17

 

PART Ban 1802  DEPOSIT OF SECURITIES WITH CLEARING CORPORATION

 

Statutory Authority:  RSA 390:11-a, III

 

          Ban 1802.01  Receipt.

 

          (a)  A trust company that deposits securities with a clearing corporation, as defined in RSA 382-A:8-102(5), by physical delivery of certificates shall obtain a receipt from the clearing corporation for the securities delivered.

 

          (b)  The receipt shall:

 

(1)  Be signed and dated by a representative of the clearing corporation; and

 

(2)  Describe the security or securities deposited.

 

          (c)  A trust company shall retain receipts for securities physically delivered to a clearing corporation for a period of 2 years after the clearing corporation relinquishes possession of the deposited securities.

 

          (d)  A trust company shall make such receipts available for inspection by bank examiners as part of any regular, special, or limited purpose examination by the banking department.

 

Source.  #4083, eff 7-7-86, EXPIRED: 7-7-92

 

New.  #7486, eff 5-2-01, EXPIRED: 5-2-09

 

New.  #9755, eff 7-16-10

 

          Ban 1802.02  Clearing Corporation Location.  Trust companies may deposit securities with clearing corporations located outside the state of New Hampshire.

 

Source.  #4083, eff 7-7-86, EXPIRED: 7-7-92

 

New.  #7486, eff 5-2-01, EXPIRED: 5-2-09

 

New.  #9755, eff 7-16-10

 

CHAPTER Ban 1900 - RESERVED

 

CHAPTER Ban 2000 - RESERVED

 

APPENDIX

 

Rule

Statute

 

 

Ban 1801

RSA 390:11-a, RSA 390:6

Ban 1802

RSA 390:11-a, RSA 390:18-a