New Hampshire Revised Statutes 465:1 – Definitions
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Terms Used In New Hampshire Revised Statutes 465:1
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Department of Veterans Affairs: means the United States Department of Veterans Affairs or its successor. See New Hampshire Revised Statutes 465:1
- Fiduciary: A trustee, executor, or administrator.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: includes a partnership, corporation, or an association. See New Hampshire Revised Statutes 465:1
- secretary: means the secretary of the United States Department of Veterans Affairs or his successor. See New Hampshire Revised Statutes 465:1
- United States: shall include said district and territories. See New Hampshire Revised Statutes 21:4
- ward: means a beneficiary of the Department of Veterans Affairs. See New Hampshire Revised Statutes 465:1
As used in this chapter the term “person” includes a partnership, corporation, or an association. The term “Department of Veterans Affairs” means the United States Department of Veterans Affairs or its successor. The terms “estate” and “income” shall include only moneys received by the guardian from the Department of Veterans Affairs and all earnings, interest, and profits derived therefrom. The term “benefits” shall mean all moneys payable by the United States through the Department of Veterans Affairs. The term “secretary” means the secretary of the United States Department of Veterans Affairs or his successor. The term “ward” means a beneficiary of the Department of Veterans Affairs. The term “guardian” as used herein shall mean any person acting as a fiduciary for a ward.