RSA 31:25-b: Prudent Investment Defined.
Where this section sits in the code
- Title III: TOWNS, CITIES, VILLAGE DISTRICTS, AND UNINCORPORATED PLACES
- Chapter 31: POWERS AND DUTIES OF TOWNS
- Trust Funds
For purposes of RSA 31:25-a, a prudent investment is one which a prudent man would purchase for his own investment having primarily in view the preservation of the principal and the amount and regularity of the income to be derived therefrom.
Collected 2026-09-05T12:28:22Z. Source file · JSON