TITLE XXXV
BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

CHAPTER 383-D
FAMILY TRUST COMPANY ACT

ARTICLE 4
Family Clients

Section 383-D:4-406

    383-D:4-406 Family Entity. – An entity is not a family client if the commissioner determines that the entity was organized or is operated for the primary purpose of evading the limitations of this chapter.

Source. 2015, 272:16, eff. Oct. 1, 2015.