Bill Text - HB312 (2021)

Relative to deadlines in consumer credit applications, licensing requirements for mortgage loan originators, examinations of family trust companies, delegation by credit union boards to committees, qualifications of the banking commissioner, and authorizing depository banks to elect benefit corporation status.

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Revision: March 9, 2021, 12:37 p.m.

Rep. Van Houten, Hills. 45

January 26, 2021

2021-0093h

11/04

 

 

Amendment to HB 312

 

Amend RSA 397-A:12, IV(b) as inserted by section 2 of the bill by replacing it with the following:

 

(b)  Failure to provide files [and] or documents within the time established by this paragraph shall subject a licensee or person to a fine of $50 per day for each day [after 21 days] the files [and] or documents are not produced.  Failure to provide files [and] or documents within 60 days after [being requested to do so by the department] receipt of the request shall be sufficient cause for license revocation, suspension, or denial.