N.H. Rev. Stat. § 564-F:11-1107

Current through Chapter 381 of the 2024 Legislative Session

Section 564-F:11-1107 - Duty to Inform

Unless the governing documents provide otherwise, a director has a duty to keep each qualified beneficiary reasonably informed about the foundation, the management of the foundation's affairs and property, and all material facts necessary for the beneficiary to protect the beneficiary's interests.

RSA 564-F:11-1107

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

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