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RSA 564-B:9-905 · Reviewing Compliance

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:9-905 Reviewing Compliance. –

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(a)

Compliance with the prudent investor rule is determined:

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(1)

in light of the facts and circumstances existing at the time of a trustee's decision or action and not by hindsight; and

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(2)

by the trustee's conduct and not by the return realized from the investment and management of the trust assets.

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(b)

A trustee's failure to realize a return that equals or exceeds any financial index is not evidence of a trustee's failure to comply with the prudent investor rule. Source. 2004, 130:1, eff. Oct. 1, 2004. 2014, 195:28, eff. July 1, 2014.

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Source note

Source. 2004, 130:1, eff. Oct. 1, 2004. 2014, 195:28, eff. July 1, 2014.

Source history

  • 2004, 130:1, eff. Oct. 1, 2004
  • 2014, 195:28, eff. July 1, 2014

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."