N.H. Code Admin. R. Ban 1104.07
Notification of Changes in Coverage
Effective Aug 21, 2010#4025, eff 3-26-86, EXPIRED: 3-26-92 New. #6536, eff 7-2-97, EXPIRED: 7-2-05 New. #9767, eff 8-21-10, EXPIRED: 8-21-18Commissioner, Banking Department
(a) Banks, nondepository trust companies and credit unions shall give written notice to the commissioner within 10 days of the following changes in fidelity bond coverage:
- (1) Type of coverage;
- (2) Increase in coverage;
- (3) Decrease in coverage if the decrease equals less than 25 percent of the total aggregate amount of the coverage;
- (4) Name of underwriter; or
- (5) Name of insured.
- (b) The notification required in (a) above shall be made a part of the official minutes of the board of directors, managers or trustees.
- (c) A copy of the notification shall be maintained in the bank's, nondepository trust company’s or credit union’s insurance file for future reference.
Source. #4025, eff 3-26-86, EXPIRED: 3-26-92 New. #6536, eff 7-2-97, EXPIRED: 7-2-05 New. #9767, eff 8-21-10, EXPIRED: 8-21-18