Except to the extent otherwise provided in the governing instrument of a New Hampshire investment trust, a New Hampshire investment trust may acquire, by purchase, redemption, or otherwise, any beneficial interest in the New Hampshire investment trust held by a beneficial owner of the New Hampshire investment trust. Except to the extent otherwise provided in the governing instrument of a New Hampshire investment trust, any such interest so acquired by a New Hampshire investment trust shall be deemed canceled.
N.H. Rev. Stat. Ann. § 293-B:21
Treasury Interests
Known as the New Hampshire Investment Trust Act
The act spans §§ 293-B:1 to 293-B:9 (30 sections).
Source. 2010, 149:2, eff
Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.