Any trust company while acting in a fiduciary capacity, or as an agent or custodian or any fiduciary acting for itself, is authorized to deposit or arrange for the deposit of securities with a bank or other regulated financial-service entity. At all time, the records of any trust company shall show the name of the party for whose account the securities are so deposited.
N.H. Rev. Stat. Ann. § 383-C:3-305
Depositing Securities
Known as the Trust Company Act
The act spans §§ 383-C:10-1001 to 383-C:9-901 (52 sections).
Source. 2015, 272:16, 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.