Damages in Absence of Breach of Duty.
RSA 564-F:18-1803
in effect564-F:18-1803. Damages in Absence of Breach of Duty.
(a) Even absent a breach of duty, a foundation official is accountable to an affected beneficiary for any profit made by the foundation official arising from the foundation's administration.
(b) Absent a breach of duty, a foundation official is not liable to a beneficiary for a loss or depreciation in the value of the foundation property or for not having made a profit.
(c) This section does not preclude the payment of reasonable compensation to a foundation official.
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-18-1803.htmFetched: 10/20/2026
