New Hampshire § 564-B-7-702 - Section 564-B:7-702 Trustee's Bond.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 564-B-7-702 — Section 564-B:7-702 Trustee's Bond., with citation guidance and answers to common questions.
§ 564-B-7-702. Section 564-B:7-702 Trustee's Bond.
(a) A trustee shall give bond to secure performance of the trustee's duties only if the court finds that a bond is needed to protect the interests of the beneficiaries or is required by the terms of the trust and the court has not dispensed with the requirement. (b) The court may specify the amount of a bond, its liabilities, and whether sureties are necessary. The court may modify or terminate a bond at any time. (c) The following entities need not give bond, even if required by the terms of the trust: (1) Any trust company, bank, or savings association incorporated under the laws of this state, or any national bank or federally chartered savings association duly authorized and located within this state; and (2) Any bank as defined in RSA 383-A:2-201(a)(3), if that bank is permitted to conduct a trust business, as defined in RSA 383-A:2-201(a)(51), in this state.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 564-B-7-702
What does New Hampshire Revised Statutes Annotated § 564-B-7-702 cover?
Section 564-B-7-702 ("Section 564-B:7-702 Trustee's Bond.") 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 § 564-B-7-702?
A common citation format is "New Hampshire Revised Statutes Annotated § 564-B-7-702" (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 § 564-B-7-702 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.