New Hampshire § 383-C-12-1202 - Section 383-C:12-1202 Qualified Trust Advisor Powers.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 383-C-12-1202 — Section 383-C:12-1202 Qualified Trust Advisor Powers., with citation guidance and answers to common questions.
§ 383-C-12-1202. Section 383-C:12-1202 Qualified Trust Advisor Powers.
(a) A qualified trust advisor that acts as a trust advisor or trust protector in this state, either by acting in such capacity from an office in this state or by acting in such capacity for a trust administered in this state, is not a bank and shall not be required to obtain a charter as a bank, so long as the qualified trust advisor exercises only limited-scope discretionary power as to each trust the qualified trust advisor serves as trust advisor or trust protector. (b) Except as provided under this article, a qualified trust advisor shall not engage in trust business or banking business. Before engaging in any banking business or trust business that is not permitted under this article, a qualified trust advisor shall obtain a charter as a bank. (c) Nothing in this article shall limit a registered advisor from serving as trust advisor or trust protector in this state.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 383-C-12-1202
What does New Hampshire Revised Statutes Annotated § 383-C-12-1202 cover?
Section 383-C-12-1202 ("Section 383-C:12-1202 Qualified Trust Advisor Powers.") is part of the New Hampshire Revised Statutes Annotated, the codified statutory law of New Hampshire. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Hampshire § 383-C-12-1202?
A common citation format is "New Hampshire Revised Statutes Annotated § 383-C-12-1202" (New Hampshire). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Hampshire law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Hampshire official source linked on this page or consult a licensed New Hampshire attorney.
How does New Hampshire § 383-C-12-1202 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Hampshire can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Hampshire.