Event Affecting Administration or Distribution.
RSA 564-F:18-1807
in effect564-F:18-1807. Event Affecting Administration or Distribution.
(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.
(b) An event to which subsection (a) applies includes:
(1) Marriage;
(2) Divorce;
(3) The performance of educational requirements; or
(4) Death.
Source. 2017, 257:47, eff. Oct. 1, 2017.
Source: New Hampshire General Court (gc.nh.gov)URL: https://gc.nh.gov/rsa/html/LVI/564-F/564-F-18-1807.htmFetched: 10/20/2026
