New Hampshire Statutes
§ 564-F:21-2121 — Effects of Domestication
New Hampshire·Title LVI PROBATE COURTS AND DECEDENTS' ESTATES·Ch. 564-F NEW HAMPSHIRE FOUNDATION ACT·Subdivision ARTICLE 21Foreign Foundations
(a)Upon its domestication, a foreign foundation shall be:
(1)Domesticated as foundation; and
(2)Subject to this chapter in the same manner as a foundation originally formed under this chapter.
(b)Notwithstanding the effective date of the domestication or this chapter, a domesticated foundation's existence shall be deemed to have commenced on the date that its existence commenced in the jurisdiction in which it was originally formed.
(c)All title to real property and other property owned by a foundation before its domestication and all contractual rights possessed by a foundation before its domestication shall remain vested in the foundation without reversion or impairment.
(d)Domestication shall not affect:
(1)Any obligations or liabilities that a foundation incurred before its dome
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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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