New Hampshire Revised Statutes 383-D:5-501A – Type of Entity
Current as of: 2023 | Check for updates
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(a) A family trust company may be organized as:
(1) A corporation under the Corporation Act;
(2) A limited liability company under the LLC Act; or
(3) A foundation under RSA 564-F.
(b) N.H. Rev. Stat. § 383-A:3-303(a) shall not apply to family trust companies.
(1) A corporation under the Corporation Act;
Terms Used In New Hampshire Revised Statutes 383-D:5-501A
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(2) A limited liability company under the LLC Act; or
(3) A foundation under RSA 564-F.
(b) N.H. Rev. Stat. § 383-A:3-303(a) shall not apply to family trust companies.