A credit union may act as trustee of pension and profit-sharing plans. A credit union may also act as trustee or custodian of:
(a) Individual retirement accounts authorized by federal and state law;

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Terms Used In New Hampshire Revised Statutes 383-E:4-414

  • state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
  • Trustee: A person or institution holding and administering property in trust.

(b) Pension funds of self-employed individuals or of an entity or organization sponsoring the credit union;
(c) Deferred compensation plans; and
(d) Other similar retirement or pension plans.