RSA 304-C:22-a Trust Powers.

Title: XXVIII - PARTNERSHIPS Chapter: 304-C - LIMITED LIABILITY COMPANIES

(a) A limited liability company shall have trust powers to the extent that it:
(1) Does not transact business with the general public; or
(2) Is a bank as defined in RSA 383-A:2-201(a)(3) and is authorized to engage in trust business in this state under RSA 383-A, RSA 383-B, RSA 383-C, or RSA 383-D.
(b) Trust powers include the power to act as a trustee or other fiduciary, a trust advisor as defined in RSA 564-B:1-103(27), or a trust protector as defined in RSA 564-B:1-103(28).
(c) For purposes of subsection (a)(1), a limited liability company does not transact business with the general public to the extent that the limited liability company:
(1) Qualifies as a family office under 15 U.S.C. section 80b-2(a)(11)(G); or
(2) Offers and provides its s

Log in to read the full statute text and search all NH RSAs.

Read Full Statute