{"data":{"id":"us-nh/rsa-382-a-8-506","jurisdiction":"us-nh","citation":"RSA 382-A:8-506","heading":"Duty of Securities Intermediary to Exercise Rights as Directed by Entitlement Holder.","body":"A securities intermediary shall exercise rights with respect to a financial asset if directed to do so by an entitlement holder. A securities intermediary satisfies the duty if:\n(1) the securities intermediary acts with respect to the duty as agreed upon by the entitlement holder and the securities intermediary; or\n(2) in the absence of agreement, the securities intermediary either places the entitlement holder in a position to exercise the rights directly or exercises due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder.","path":["Title XXXIV-A: UNIFORM COMMERCIAL CODE","Chapter Part 5: Security Entitlements"],"source_url":"https://gc.nh.gov/rsa/html/XXXIV-A/382-A/382-A-8-506.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T15:43:59Z","sha256":"d79bff8653de13d8e048e789a93f3625909444341f9383587fc408f58ce8de7e","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-382-a-8-505","next":"us-nh/rsa-382-a-8-507"},"notice":"GroundRules: Original legal text. Not legal advice."}