New Hampshire Revised Statutes 564-B:8-801 – Duty to Administer, Invest and Manage Trust, and Distribute Trust Property
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Terms Used In New Hampshire Revised Statutes 564-B:8-801
- Trustee: A person or institution holding and administering property in trust.
Upon acceptance of a trusteeship, the trustee shall administer, invest and manage the trust and distribute the trust property in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with this chapter.