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RSA 564-F:6-601 · Purpose

564-F:6-601 Purpose. –

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(a)

A foundation shall have one or more purposes.

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(b)

Each of the purposes shall be:

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(1)

Lawful;

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(2)

Not contrary to public policy; and

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(3)

Possible to achieve.

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(c)

A foundation's purposes may include any charitable purpose and any noncharitable purpose. Source. 2017, 257:47, eff. Oct. 1, 2017. ARTICLE 7 Bylaws

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Source note

Source. 2017, 257:47, eff. Oct. 1, 2017. ARTICLE 7 Bylaws

Source history

  • 2017, 257:47, eff. Oct. 1, 2017. ARTICLE 7 Bylaws