New Hampshire Statutes

§ 31:31 — Trust Funds for Districts

New Hampshire § 31:31
JurisdictionNew Hampshire
Title IIITOWNS, CITIES, VILLAGE DISTRICTS, AND UNINCORPORATED PLACES
Ch. 31POWERS AND DUTIES OF TOWNS
SubdivisionTrust Funds

This text of New Hampshire § 31:31 (Trust Funds for Districts) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.H. Rev. Stat. Ann. § 31:31 (2026).

Text

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.

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Legislative History

1941, 43:2. RL 51:24.

Nearby Sections

15
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Bluebook (online)
New Hampshire § 31:31, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/31/31%3A31.