CHAPTER 205

SB 59 - FINAL VERSION

18May2023... 1404h

06/29/2023   2241EBA

2023 SESSION

23-0960

06/10

SENATE BILL 59

AN ACT relative to the director of charitable trusts.

SPONSORS: Sen. Gray, Dist 6; Sen. Gannon, Dist 23; Sen. Carson, Dist 14; Rep. Lynn, Rock. 17; Rep. Potucek, Rock. 13

COMMITTEE: Judiciary

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ANALYSIS

This bill permits the director of charitable trusts to compel entities or evidence to appear or be produced at such times and places as the attorney general may designate.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18May2023... 1404h

06/29/2023   2241EBA 23-0960

06/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty Three

AN ACT relative to the director of charitable trusts.

Be it Enacted by the Senate and House of Representatives in General Court convened:

205:1  Director of Charitable Trusts; Investigations.  Amend RSA 7:24 to read as follows:

7:24  Investigation.  The attorney general may investigate at any time charitable trusts, charitable solicitations, and charitable sales promotions for the purpose of determining and ascertaining whether they are administered in accordance with law and with the terms and purposes thereof.  For the purposes of such investigation the attorney general may require any person, agent, trustee, fiduciary, beneficiary, institution, association, corporation, or political agency administering a trust, charitable solicitation, or charitable sales promotion or having an interest therein[,] or knowledge thereof, to appear at such time and place as the attorney general may designate then and there under oath to produce for the use of the attorney general any and all books, memoranda, papers of whatever kind, documents of title or other evidence of assets or liabilities which may be in the ownership or possession or control of such person, agent, trustee, fiduciary, beneficiary, institution, association, corporation, or political agency and to furnish such other available information relating to said trust, charitable solicitation, or charitable sales promotion as the attorney general may require.  Any person, agent, trustee, fiduciary, beneficiary, institution, association, corporation, or political agency administering a trust, charitable solicitation, or charitable sales promotion or having an interest therein or knowledge thereof, that is subject to an appearance by the attorney general has the right to have such appearance be in a physical location as determined by the office of the attorney general.

205:2  Effective Date.  This act shall take effect January 1, 2024.

Approved: August 04, 2023

Effective Date: January 01, 2024