{"data":{"id":"us-nh/rsa-383-d-8-801","jurisdiction":"us-nh","citation":"RSA 383-D:8-801","heading":"Board of Directors.","body":"(a) A family trust company shall have a board of directors, and that board of directors must have not less than three members. A director need not be a resident of New Hampshire or a citizen of the United States, unless otherwise required by the commissioner in consideration of the family trust company's safety and soundness. RSA 383-C:6-601(a) shall not apply to family trust companies.\n(b) Subject to any limitations set forth in its organizational documents, this chapter, and RSA 383-C, all of the family trust company's powers shall be exercised by or under the authority of the family trust company's board of directors.","path":["Title XXXV: BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS","Chapter ARTICLE 8: Directors and Officers"],"source_url":"https://gc.nh.gov/rsa/html/XXXV/383-D/383-D-8-801.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T15:45:05Z","sha256":"cfed64e2acc96ae50a3c835aa1f57bcd65e79b0d041f06eab86bdaf4ce794ca0","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-383-d-7-704","next":"us-nh/rsa-383-d-8-802"},"notice":"GroundRules: Original legal text. Not legal advice."}