RSA 564-F:16-1601 · Role of Court in a Foundation's Affairs

564-F:16-1601 Role of Court in a Foundation's Affairs. –

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(a)

The court may intervene in a foundation's affairs to the extent its jurisdiction is invoked by an interested person or as provided by law.

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(b)

A foundation shall not be subject to continuing judicial supervision unless ordered by the court.

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(c)

A judicial proceeding involving a foundation may relate to any matter involving the foundation's affairs, including:

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(1)

A request for instruction;

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(2)

Construction of the governing documents;

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(3)

A claim for breach of duty; or

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(4)

A request to declare rights.

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(d)

Each of the following persons may commence a judicial proceeding for the purpose of enforcing the provisions of the governing documents:

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(1)

A founder;

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(2)

A foundation official;

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(3)

A beneficiary; or

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(4)

In the case of a foundation that is a charitable trust, the director of charitable trusts. Source. 2017, 257:47, eff. Oct. 1, 2017.

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