N.H. Admin. Code § Rev 2401.12

Current through Register No. 45, November 7, 2024
Section Rev 2401.12 - Personal investment activities

"Personal investment activities," as used in RSA 77-E:1, VI(f), means the actions taken by one or more individuals, or charitable remainder trusts, to place personal capital or wealth in such a way as to secure income or profit from its employment without the individual or trust becoming involved in the activities of a trade or business, or the rental of property, other than the rental of a residence or vacation home to the beneficiaries or grantors of the trust, in which the capital is placed.

N.H. Admin. Code § Rev 2401.12

INTERIM #5708, eff 9-23-93, EXPIRED: 1-21-94; ss by #5774, eff 1-21-94; ss by #7178, eff 12-23-99, EXPIRED: 12-23-07

New. #9065, eff 1-10-08 (formerly Rev 2401.18); ss by #11032, eff 1-29-16 (from Rev 2401.08); renumbered by #11044 (formerly Rev 2401.09); renumbered by #13177 (formerly Rev 2401.11)

Amended by Volume XXXVI Number 06, Filed February 11, 2016, Proposed by #11032, Effective 1/29/2016, Expires 1/29/2026.
Renumbered by Rev 2401.09 Volume XXXVI Number 10, Filed March 10, 2016, Proposed by #11044, Effective 2/24/2016, Expires 2/24/2026.