Current through Chapter 381 of the 2024 Legislative Session
Section 564-B:8-810 - Recordkeeping and Identification of Trust Property(a) A trustee shall keep adequate records of the administration of the trust.(b) A trustee shall keep trust property separate from the trustee's own property.(c) Except as otherwise provided in subsection (d) and in RSA 564-B:8-816(a)(7)(B), a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary.(d) If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of 2 or more separate trusts. 2004, 130 : 1 . 2005, 270 : 24 , eff. Sept. 20, 2005.