RSA 383-D:13-1301 Authority to Exercise Trust Powers.

Title: XXXV - BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS Chapter: 383-D - FAMILY TRUST COMPANY ACT

(a) A foreign family trust company may engage in trust business in this state. A foreign family trust company that exercises trust powers in this state is subject to this chapter and, except as otherwise provided in this chapter, RSA 383-A and RSA 383-C. RSA 383-C:11-1101 shall not apply to foreign family trust companies.
(b) For purposes of this chapter, "foreign family trust company" means a foreign trust company that (i) is organized in a state or jurisdiction other than New Hampshire and (ii) is authorized under the laws of that state or jurisdiction to provide trust, investment, and other services principally to members of one or two families and entities in which one or more of those family members have substantial interests. Under those laws, a trust company meeting tho

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