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RSA 564-F:18-1807 · Event Affecting Administration or Distribution

Title: LVI: PROBATE COURTS AND DECEDENTS' ESTATES
Chapter: 564-F · NEW HAMPSHIRE FOUNDATION ACT
Status: current
Official source linked: Yes

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564-F:18-1807 Event Affecting Administration or Distribution. –

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(a)

If the happening of an event affects the foundation's administration or a distribution from the foundation, then a foundation official who has exercised reasonable care to ascertain the happening of the event is not liable for a loss resulting from the foundation official's lack of knowledge.

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(b)

An event to which subsection (a) applies includes:

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(1)

Marriage;

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(2)

Divorce;

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(3)

The performance of educational requirements; or

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(4)

Death. 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