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2017 New Hampshire Revised Statutes
Title LVI - PROBATE COURTS AND DECEDENTS' ESTATES
Chapter 564-F - NEW HAMPSHIRE FOUNDATION ACT
Section 564-F:20-2003 - Dissolution by Board of Directors.
Universal Citation: NH Rev Stat § 564-F:20-2003 (2017)
564-F:20-2003 Dissolution by Board of Directors. –
(a) Except as otherwise provided in the governing documents, the board of directors may dissolve a foundation by filing with the secretary of state a certificate of dissolution.
(b) The certificate of dissolution shall set forth:
(1) The foundation's name;
(2) The date on which the dissolution was authorized;
(3) A statement that the board of directors authorized the dissolution; and
(4) A statement that a copy of the certificate of dissolution has been sent to the department of revenue.
(c) A foundation's dissolution is effective upon filing the certificate of dissolution.
(b) The certificate of dissolution shall set forth:
(1) The foundation's name;
(2) The date on which the dissolution was authorized;
(3) A statement that the board of directors authorized the dissolution; and
(4) A statement that a copy of the certificate of dissolution has been sent to the department of revenue.
(c) A foundation's dissolution is effective upon filing the certificate of dissolution.
Source. 2017, 257:47, eff. Oct. 1, 2017.
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