Unless the governing documents provide otherwise, if a foundation has two or more beneficiaries, then the protector has a duty to act impartially in exercising his, her, or its powers, giving due regard to the foundation's purposes and the beneficiaries' interests.
N.H. Rev. Stat. Ann. § 564-F:13-1303
Duty of Impartiality
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.