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N.H. Rev. Stat. Ann. § 564-F:20-2001

Dissolution by Organizers or Initial Directors

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

(a) If the foundation has not received its initial capital contribution, then the following persons may dissolve a foundation by filing with the secretary of state a certificate of dissolution:

(1) A majority of the organizers; or

(2) A majority of the initial directors.

(b) The certificate of dissolution shall set forth:

(1) The foundation's name;

(2) The date on which the dissolution was authorized;

(3) If a majority of organizers have authorized the dissolution, a statement that a majority of the organizers authorized the dissolution;

(4) If a majority of initial directors have authorized the dissolution, a statement that a majority of the initial directors authorized the dissolution; and

(5) A statement that the foundation has not received its initial capital contribution.

(c) A foundation's dissolution is effective upon filing the certificate of dissolution.

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.