New Hampshire Statutes
§ 31:31 — Trust Funds for Districts
New Hampshire·Title III TOWNS, CITIES, VILLAGE DISTRICTS, AND UNINCORPORATED PLACES·Ch. 31 POWERS AND DUTIES OF TOWNS·Subdivision Trust Funds
Except where otherwise specifically provided in the charter of a city or by special act of the legislature whenever a gift, legacy or devise shall be made in trust to a school district, village district or any subdivision of a town and accepted by it, the same shall be held in custody and administered by the trustees of trust funds of such town or in case of districts embracing 2 or more towns by the trustees of trust funds of that town which the voters of said district may elect. The governing body of any such district or subdivision shall expend such district or subdivision trust funds, or the income thereof to be expended, consistently with the terms of the trust. The provisions of RSA 31:32 shall not apply to expenditures of district or subdivision trust funds.
Free access — add to your briefcase to read the full text and ask questions with AI
New Hampshire § 31:31 (Trust Funds for Districts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
1941, 43:2. RL 51:24.
Nearby Sections
15
§ 31:1
Public Corporations§ 31:10
When Allowed§ 31:100
Street Fairs§ 31:101
Effect of License§ 31:102
Obstructing Access to Highways§ 31:102-a
Hawkers, Peddlers and Vendors§ 31:102-b
Background Checks for Certain Vendors§ 31:103-a
Contributions to County or State§ 31:103-b
Cybersecurity§ 31:105
Indemnification for Damages§ 31:107
Purchase of Insurance