There is a newer version
of
this Section
2018 New Hampshire Revised Statutes
Title LVI - Probate Courts and Decedents' Estates
Chapter 564-B - New Hampshire Trust Code
Section 564-B:12-1209 - Delegation to a Trustee, Trust Advisor, or Trust Protector.
Universal Citation: NH Rev Stat § 564-B:12-1209 (2018)
564-B:12-1209 Delegation to a Trustee, Trust Advisor, or Trust Protector. –
(a) Subject to subsection (b), a trust advisor or trust protector may delegate to any trustee, trust advisor, or trust protector, even if that person is associated or affiliated with the trust advisor or trust protector, any duty or power that a prudent trust advisor or trust protector of comparable skills could properly delegate under the circumstances.
(b) A trust advisor or trust protector may not delegate any duty or power that the settlor reasonably expected the trust advisor or trust protector to perform jointly with each trustee, trust advisor, and trust protector who also is vested with that duty or power.
(c) The exercise of a power includes the performance of any function involving that power.
(d) Unless a delegation was irrevocable, a trust advisor or trust protector may revoke a delegation previously made.
(a) Subject to subsection (b), a trust advisor or trust protector may delegate to any trustee, trust advisor, or trust protector, even if that person is associated or affiliated with the trust advisor or trust protector, any duty or power that a prudent trust advisor or trust protector of comparable skills could properly delegate under the circumstances.
(b) A trust advisor or trust protector may not delegate any duty or power that the settlor reasonably expected the trust advisor or trust protector to perform jointly with each trustee, trust advisor, and trust protector who also is vested with that duty or power.
(c) The exercise of a power includes the performance of any function involving that power.
(d) Unless a delegation was irrevocable, a trust advisor or trust protector may revoke a delegation previously made.
Source. 2017, 257:31, eff. July 18, 2017.
Disclaimer: These codes may not be the most recent version. New Hampshire may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
