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RSA 564-B:9-901 · Prudent Investor Rule

Title
LVI: PROBATE COURTS AND DECEDENTS' ESTATES
Chapter
564-B · NEW HAMPSHIRE TRUST CODE
Status
current
Official source linked
Yes
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564-B:9-901 Prudent Investor Rule. –

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(a)

Except as otherwise provided in subsection (b), a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in this chapter.

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(b)

The prudent investor rule may be expanded, restricted, eliminated, or otherwise altered by the terms of the trust except as provided in RSA 564-B:1-105(b)(2) and (3). A trustee is not liable to a beneficiary to the extent that the trustee acted in good faith and reasonable reliance on (1) the express terms of the trust, (2) a court order, (3) RSA 564-B:9-903, or (4) RSA 564-B:9-902(c)(10). Source. 2004, 130:1. 2005, 270:31. 2006, 320:66, eff. Aug. 19, 2006. 2021, 103:4, eff. Aug. 30, 2021.

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Source note

Source. 2004, 130:1. 2005, 270:31. 2006, 320:66, eff. Aug. 19, 2006. 2021, 103:4, eff. Aug. 30, 2021.

Source history

  • 2004, 130:1
  • 2005, 270:31
  • 2006, 320:66, eff. Aug. 19, 2006
  • 2021, 103:4, eff. Aug. 30, 2021

Related materials

Bill relationships

  • 2025 HB88 amend

    housand Twenty Five AN ACT establishing community property trusts. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Article; Article 13 Community Property Trusts. Amend RSA 564-B by inserting after article 12 the following new article: Article 13 Community Property Trusts 564-B:13-1301 Short Title. This article shall be known as the "New Hampshire Community Property Trust Act of 2026."