Section 383-D:8-801 - Board of Directors(a) A family trust company shall have a board of directors, and that board of directors must have not less than three members. A director need not be a resident of New Hampshire or a citizen of the United States, unless otherwise required by the commissioner in consideration of the family trust company's safety and soundness. RSA 383-C:6-601(a) shall not apply to family trust companies.(b) Subject to any limitations set forth in its organizational documents, this chapter, and RSA 383-C, all of the family trust company's powers shall be exercised by or under the authority of the family trust company's board of directors.Amended by 2021 , 194: 19, eff. 10/9/2021.Added by 2015 , 272: 16, eff. 10/1/2015. 2015, 272 : 16 , eff. Oct. 1, 2015. 2021, 194 : 19 , eff. Oct. 9, 2021.