TITLE XXXV BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
CHAPTER 383-D FAMILY TRUST COMPANY ACT
ARTICLE 4 Family Clients
Section 383-D:4-407
383-D:4-407 Family Charitable Organization. –
A charitable organization is not a family client if the commissioner determines that it was organized or is operated for the primary purpose of evading the limitations of this chapter.