No credit union shall conduct any part of its operations at any branch office except as follows: (a) A credit union may establish one or more branch offices or acquire branch offices from any credit union in any location within the state or without the state consistent with the membership qualifications of its bylaws. (b) All credit unions shall submit an application to establish or acquire a branch office to the commissioner under RSA 383-A:6-602. A credit union may proceed to establish or acquire the branch office if it is permitted to do so by the commissioner under RSA 383-A:6-604. (c) A foreign credit union may establish or acquire a branch office in this state. The foreign credit union shall submit an application to establish or acquire a branch office to the commissioner under RSA 383-A:6-602. The foreign credit union may proceed to establish or acquire the branch office if it is permitted to do so by the commissioner under RSA 383-A:6-604.
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