§412:5-101 Necessity for bank charter. Except as expressly permitted by federal law or this chapter, no person shall engage in any activity for which a charter to operate as a bank is required by this chapter, including without limitation the solicitation, acceptance, and holding of deposits in the State, the use of the term "bank", or the exercise of such other powers or privileges restricted to banks under applicable law unless it is a corporation incorporated in this State and has such a charter. [L 1993, c 350, pt of §1; am L 2002, c 40, §29]
Section: Previous 412-4-107 412-4-108 412-4-109 412-4-110 412-4-111 412-4-112 412-5-100 412-5-101 412-5-200 412-5-201 412-5-202 412-5-203 412-5-204 412-5-205 412-5-205.5 NextLast modified: October 27, 2016