N.H. Rev. Stat. § 564-F:11-1103

Current through Chapter 94 of the 2024 Legislative Session
Section 564-F:11-1103 - Duty of Impartiality

Unless the governing documents provide otherwise, if a foundation has two or more beneficiaries, then a director has a duty to act impartially in managing the foundation, its affairs, and its property, giving due regard to the foundation's purposes and the beneficiaries' interests.

RSA 564-F:11-1103

Added by 2017, 257:47, eff. 10/1/2017.

2017, 257:47, eff. Oct. 1, 2017.