New Hampshire Statutes
§ 564-F:11-1105 — Duty to Control and Protect Foundation Property
New Hampshire § 564-F:11-1105
JurisdictionNew Hampshire
Title LVIPROBATE COURTS AND DECEDENTS' ESTATES
Ch. 564-FNEW HAMPSHIRE FOUNDATION ACT
SubdivisionARTICLE 11Directors' Duties
This text of New Hampshire § 564-F:11-1105 (Duty to Control and Protect Foundation Property) 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:11-1105 (2026).
Text
(a)Unless the governing documents provide otherwise, a director has a duty to take reasonable steps to control and protect the foundation's property.
(b)Under subsection (a), a director's duty includes:
(1)Enforcing the claims of the foundation;
(2)Defending claims against the foundation; and
(3)Redressing a breach of duty that the director knows to have been committed by a foundation official or a former foundation official.
(c)A director has a duty to keep a foundation's property separate from the director's property.
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Legislative History
2017, 257:47, eff. Oct. 1, 2017.
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
Board of Directors§ 564-F:10-1002
Qualifications§ 564-F:10-1003
Number§ 564-F:10-1004
Classes§ 564-F:10-1005
Appointment and Term§ 564-F:10-1006
Resignation§ 564-F:10-1007
Removal§ 564-F:10-1008
Committees§ 564-F:10-1009
Delegation§ 564-F:10-1010
Voting§ 564-F:10-1011
Meetings§ 564-F:10-1012
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Bluebook (online)
New Hampshire § 564-F:11-1105, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/564-F/564-F%3A11-1105.