N.H. Rev. Stat. § 564-F:13-1303

Current through Chapter 381 of the 2024 Legislative Session

Section 564-F:13-1303 - Duty of Impartiality

Unless the governing documents provide otherwise, if a foundation has two or more beneficiaries, then the protector has a duty to act impartially in exercising his, her, or its powers, giving due regard to the foundation's purposes and the beneficiaries' interests.

RSA 564-F:13-1303

Amended by 2018, 210:10, eff. 6/8/2018.

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

2017, 257:47, eff. Oct. 1, 2017. 2018, 210:10, eff. June 8, 2018.