Section 399-D:9 License Term; Renewal.
I. Each license shall remain in force until it has been surrendered, revoked, suspended, or expires in accordance with the provisions of this chapter. Each license shall expire on December 31 of each calendar year.
II. If a person holds a valid license under this section and is in compliance with this chapter and the rules thereunder, the licensee may renew the license by paying the required fee to the banking department on or before December 1 for the ensuing year that begins on January 1. Failure to renew the license shall result in the license terminating on December 31.
III. A renewal fee of $500 for the principal office license and for each branch office license shall be submitted with the application for license renewal.
IV. No application for renewal shall be denied without reasonable cause and the right of appeal pursuant to RSA 541-A and RSA 541.
Source. 2004, 230:1, eff. Sept. 9, 2004. 2009, 204:24, eff. Sept. 13, 2009.