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RSA 564-F:12-1201 · Protectors

564-F:12-1201 Protectors. –

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(a)

A foundation may have one or more protectors.

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(b)

A protector shall have any duties and powers set forth in the governing documents.

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(c)

Unless the governing documents provide otherwise, a protector shall have the power to commence a judicial proceeding for the purposes of:

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(1)

Protecting the foundation's purposes; or

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(2)

Enforcing the provisions of the governing documents. Source. 2017, 257:47, eff. Oct. 1, 2017.

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Source note

Source. 2017, 257:47, eff. Oct. 1, 2017.

Source history

  • 2017, 257:47, eff. Oct. 1, 2017