New Hampshire § 564-F:10-1005 Appointment and Term

New Hampshire Statutes

§ 564-F:10-1005 — Appointment and Term

New Hampshire § 564-F:10-1005

Title LVIPROBATE COURTS AND DECEDENTS' ESTATES

Ch. 564-FNEW HAMPSHIRE FOUNDATION ACT

SubdivisionARTICLE 10Directors

This text of New Hampshire § 564-F:10-1005 (Appointment and Term) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 564-F:10-1005 (2026).

Text

(a)The initial directors shall be appointed by:

(1)The organizers; or

(2)The founder.

(b)After the appointment of the initial directors, any additional or successor director shall be appointed:

(1)In accordance with the provisions of the governing documents governing the appointment of directors; or

(2)If the governing documents do not contain any provision for the appointment of directors, by:

(A)The directors; or

(B)An amendment of the governing documents.

(c)Unless the governing documents provide otherwise, the duration of a director's term shall be indefinite and shall terminate only upon:

(1)In the case of a director who is an individual, the director's incapacity, death, resignation, or removal; or

(2)In the case of a director that is an entity, the director's dissolution,

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(a) The initial directors shall be appointed by:
(1) The organizers; or
(2) The founder.
(b) After the appointment of the initial directors, any additional or successor director shall be appointed:
(1) In accordance with the provisions of the governing documents governing the appointment of directors; or
(2) If the governing documents do not contain any provision for the appointment of directors, by:
(A) The directors; or
(B) An amendment of the governing documents.
(c) Unless the governing documents provide otherwise, the duration of a director's term shall be indefinite and shall terminate only upon:
(1) In the case of a director who is an individual, the director's incapacity, death, resignation, or removal; or
(2) In the case of a director that is an entity, the director's dissolution, resignation, or removal.

Legislative History

2017, 257:47, eff. Oct. 1, 2017. 2018, 210:6, eff. June 8, 2018.

Nearby Sections

15

§ 564-F:1-101

Short Title

§ 564-F:1-102

Scope

§ 564-F:1-103

Reservation of Power to Amend or Repeal

§ 564-F:10-1001

§ 564-F:10-1002

§ 564-F:10-1003

§ 564-F:10-1004

§ 564-F:10-1005

§ 564-F:10-1006

§ 564-F:10-1007

§ 564-F:10-1008

§ 564-F:10-1009

§ 564-F:10-1010

§ 564-F:10-1011

§ 564-F:10-1012

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Bluebook (online)

New Hampshire § 564-F:10-1005, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/564-F/564-F%3A10-1005.