relative to chartered bank lending limits.

This bill sets new lending limits for New Hampshire depository banks (commercial banks taking deposits). It prohibits banks from lending more than 20% of their capital and surplus to any single borrower, with a possible 25% limit if the excess loan is fully secured by U.S. government obligations meeting specific value requirements. The bill also requires new state banks to submit detailed 3-5 year capital and business plans for approval, including capital adequacy explanations and financial projections. Additionally, existing banks must seek commissioner approval before making major changes to their business plans within the first 3-5 years of operation. These changes aim to strengthen bank safety and soundness by controlling risk exposure.