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N.H. Rev. Stat. Ann. § 564-B:8-812

Collecting Trust Property

Known as the New Hampshire Trust Code

The act spans §§ 564-B:10-1001 to 564-B:9-907 (130 sections).

Source. 2004, 130:1, eff

(a) A trustee shall take reasonable steps to compel a former trustee or other person to deliver trust property to the trustee.

(b) Except as otherwise provided under the terms of the trust, the trustee shall take reasonable steps to redress a breach of trust known to the trustee to have been committed by a cotrustee or a former trustee prior to the trustee's acceptance of trusteeship.

(c) Except as otherwise provided under the terms of the trust, the trustee shall take reasonable steps to redress a breach of trust actually known to the trustee to have been committed by a former trust advisor or a former trust protector. This subsection does not impose upon a trustee who is an excluded fiduciary any duty to monitor, duty to advise, or duty to warn as described under RSA 564-B:12-1204.

(d) A person who receives a distribution from a trust is liable to return the distribution to the extent that a court subsequently determines that the person was not entitled to the distribution.

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.