RSA 383-D:4-401 Family Client.
Title: XXXV - BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Chapter: 383-D - FAMILY TRUST COMPANY ACT
(a) With the commissioner's prior approval, a family trust company may designate a person as a family client if that person has a close and continuous relationship with one or more family clients.
(b) A person is a family client for one year after an involuntary event that otherwise would cause the person to cease to qualify as a family client. If, as the result of an involuntary event, a person becomes a client of the family trust company but does not otherwise qualify as a family client, then the person is a family client for one year after the involuntary event. For purposes of this subsection, aninvoluntary eventmeans an event that is not within the reasonable control of the family trust company or a family client, including the divorce or death of a family member, a forme