Purpose
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) A foundation shall have one or more purposes.
(b) Each of the purposes shall be:
(1) Lawful;
(2) Not contrary to public policy; and
(3) Possible to achieve.
(c) A foundation's purposes may include any charitable purpose and any noncharitable purpose.
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.