Section 384-E:4 Business Transacted at Complementary Facility.

No business other than that actually and necessarily involved in connection with the performance of one or more of the following functions shall be transacted at any complementary facility:
   I. The receipt of deposits of money, currency, checks and other similar items;
   II. The payment of withdrawals;
   III. The cashing of checks, drafts and other similar items;
   IV. The receipt of moneys due to the bank;
   V. The issuance of cashier's checks, treasurer's checks, money orders and similar items;
   VI. The disbursement of funds pursuant to an existing loan agreement or extension of credit which provides for advances to or for the account of the borrower by means of honoring one or more checks or other written orders or by the use of a credit card or other similar arrangement; and
   VII. The distribution of literature and forms relating to services offered by the bank, including new account cards and loan applications, but no accounts may be opened and no loans closed at any complementary facility.

Source. 1977, 333:1, eff. Aug. 30, 1977.