[RSA 391:3 repealed by 2021, 91:99, VIII, effective January 1, 2025.] 391:3 Taxability. – A common trust fund shall not constitute a taxable entity within the meaning of RSA 77. Each estate having a participating interest in a common trust fund shall include in its return its proportionate share of any taxable income of the classes described in RSA 77:4, received by such common trust fund, whether or not such income is distributed by the common trust fund. Source. 1953, 109:1, par. 3, eff. Apr. 17, 1953.
New Hampshire Legal Code