New Hampshire § 564-F:20-2001 Dissolution by Organizers or Initial Directors

New Hampshire Statutes

§ 564-F:20-2001 — Dissolution by Organizers or Initial Directors

New Hampshire·Title LVI PROBATE COURTS AND DECEDENTS' ESTATES·Ch. 564-F NEW HAMPSHIRE FOUNDATION ACT·Subdivision Part AVoluntary Dissolution

(a)If the foundation has not received its initial capital contribution, then the following persons may dissolve a foundation by filing with the secretary of state a certificate of dissolution:

(1)A majority of the organizers; or

(2)A majority of the initial directors.

(b)The certificate of dissolution shall set forth:

(1)The foundation's name;

(2)The date on which the dissolution was authorized;

(3)If a majority of organizers have authorized the dissolution, a statement that a majority of the organizers authorized the dissolution;

(4)If a majority of initial directors have authorized the dissolution, a statement that a majority of the initial directors authorized the dissolution; and

(5)A statement that the foundation has not received its initial capital contribution.

(c)A founda

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(a) If the foundation has not received its initial capital contribution, then the following persons may dissolve a foundation by filing with the secretary of state a certificate of dissolution:
(1) A majority of the organizers; or
(2) A majority of the initial directors.
(b) The certificate of dissolution shall set forth:
(1) The foundation's name;
(2) The date on which the dissolution was authorized;
(3) If a majority of organizers have authorized the dissolution, a statement that a majority of the organizers authorized the dissolution;
(4) If a majority of initial directors have authorized the dissolution, a statement that a majority of the initial directors authorized the dissolution; and
(5) A statement that the foundation has not received its initial capital contribution.
(c) A foundation's dissolution is effective upon filing the certificate of dissolution.

New Hampshire § 564-F:20-2001 (Dissolution by Organizers or Initial Directors) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.