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RSA 547:3-g · Definitions

547:3-g Definitions. – For the purposes of RSA 547:3-h and for the purposes of any petition for deviation under RSA 547:3-c or under common law equity powers the following words shall have the meanings ascribed here unless the context indicates otherwise:

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I.

"Charitable trust" means any fiduciary relationship with respect to property arising as a result of a manifestation of an intention to create it and subjecting the person by whom the property is held to equitable duties to deal with the property for charitable or community purposes.

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II.

"Trustee" means:

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(a)

Any individual, group of individuals, corporation or other legal entity holding property in trust pursuant to any charitable trust or charitable purpose.

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(b)

A corporation formed for the administration of a charitable trust pursuant to the directions of the settlor or at the instance of the trustee. Source. 1992, 284:50, eff. Jan. 1, 1993.

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Source note

Source. 1992, 284:50, eff. Jan. 1, 1993.

Source history

  • 1992, 284:50, eff. Jan. 1, 1993

Related materials

Bill relationships

  • 2026 HB652 amend · effective 2026-01-01

    . The circuit court shall have the jurisdiction, powers, and duties conferred upon the former probate and district courts [and upon the former judicial branch family division] by RSA 547[,] and RSA 502-A[, and RSA 490-D]. 5 Circuit Court; Circuit Court Locations. Amend the introductory paragraph of RSA 490-F:4 to read as follows: 490-F:4 Circuit Court Locations. The judicial districts for the dist

  • 2026 HB652-FN amend · effective 2026-01-01

    . The circuit court shall have the jurisdiction, powers, and duties conferred upon the former probate and district courts [and upon the former judicial branch family division] by RSA 547[,] and RSA 502-A[, and RSA 490-D]. 5 Circuit Court; Circuit Court Locations. Amend the introductory paragraph of RSA 490-F:4 to read as follows: 490-F:4 Circuit Court Locations. The judicial districts for the dist