A director has a duty to manage the foundation and its property in good faith, in accordance with the terms of the governing documents, and in accordance with this chapter.
N.H. Rev. Stat. Ann. § 564-F:11-1101
Duty to Manage the Foundation in Good Faith
Known as the New Hampshire Foundation Act
The act spans §§ 564-F:10-1001 to 564-F:9-901 (134 sections).
Source. 2017, 257:47, eff
Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.