New Hampshire Revised Statutes 7:28-e – Fiduciary Capacity
Current as of: 2023 | Check for updates
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Terms Used In New Hampshire Revised Statutes 7:28-e
- Fiduciary: A trustee, executor, or administrator.
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
- Trustee: A person or institution holding and administering property in trust.
Every person soliciting, collecting, or expending contributions for charitable purposes, and every officer, director, trustee, and employee of any such person concerned with the solicitation, collection, or expenditure of such contributions, shall be deemed to be a fiduciary and acting in a fiduciary capacity.