A trust is not an eligible trust if the commissioner determines that the trust was formed or is administered for the primary purpose of evading the limitations of this chapter.
N.H. Rev. Stat. Ann. § 383-D:4-405
Eligible Trust
Known as the Family Trust Company Act
The act spans §§ 383-D:10-1001 to 383-D:9-901 (47 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.