New Hampshire Statutes
§ 564-F:20-2008 — Director Duties
New Hampshire § 564-F:20-2008
JurisdictionNew Hampshire
Title LVIPROBATE COURTS AND DECEDENTS' ESTATES
Ch. 564-FNEW HAMPSHIRE FOUNDATION ACT
SubdivisionPart AVoluntary Dissolution
This text of New Hampshire § 564-F:20-2008 (Director Duties) 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:20-2008 (2026).
Text
(a)A director of a dissolved foundation shall have the following duties:
(1)A duty to cause the dissolved foundation to discharge its liabilities or make reasonable provision for discharging its liabilities; and
(2)A duty to cause the dissolved foundation to distribute its remaining property in accordance with the governing documents.
(b)A director of a dissolved foundation that has disposed of claims under RSA 564-F:20-2006 or RSA 564-F:20-2007 shall not be liable for breach of subsection (a) to the extent that the claim against the dissolved foundation is barred or satisfied under RSA 564-F:20-2006 or RSA 564-F:20-2007.
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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:20-2008, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/564-F/564-F%3A20-2008.