§ 564-F:20-2010 — Effects of Administrative Dissolution

New Hampshire § 564-F:20-2010

• Jurisdiction: New Hampshire
• Title LVI: PROBATE COURTS AND DECEDENTS' ESTATES
• Ch. 564-F: NEW HAMPSHIRE FOUNDATION ACT
• Subdivision: Part BAdministrative Dissolution

Text

(a) A foundation that is administratively dissolved continues its existence as a legal entity but may not engage in any activities except to the extent necessary or appropriate to wind up its affairs in accordance with RSA 564-F:20-2005 to RSA 564-F:20-2008.
(b) A foundation's administrative dissolution does not terminate the authority of the foundation's registered agent.
(c) For a period of 120 days after the date of mailing of a notice of administrative dissolution under RSA 564-F:20-2009(b) and subject to subsection (d), the secretary of state shall not permit any person to use or reserve:
(1) A name that is the same as or similar to the name of a foundation that was administratively dissolved under RSA 564-F:20-2009; or
(2) A trade name registered by the limited liability company under RSA 349.
(d) The secretary of state may permit a person to use or reserve a name described in subsection (c)(1) or (c)(2) if the dissolved foundation consents to the use or reservation of that name.

Legislative History

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