New Hampshire Revised Statutes 564:4 – Banks, Etc
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Terms Used In New Hampshire Revised Statutes 564:4
- Trustee: A person or institution holding and administering property in trust.
Any bank as defined in N.H. Rev. Stat. § 383-A:2-201(a)(3) that holds trust powers, may be appointed trustee. Immediately upon the qualification of such a trustee it shall be the duty of the clerk to notify the bank commissioner of such appointment.