N.H. Rev. Stat. § 564-F:18-1803

Current through Chapter 381 of the 2024 Legislative Session
Section 564-F:18-1803 - Damages in Absence of Breach of Duty
(a) Even absent a breach of duty, a foundation official is accountable to an affected beneficiary for any profit made by the foundation official arising from the foundation's administration.
(b) Absent a breach of duty, a foundation official is not liable to a beneficiary for a loss or depreciation in the value of the foundation property or for not having made a profit.
(c) This section does not preclude the payment of reasonable compensation to a foundation official.

RSA 564-F:18-1803

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

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