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2018 New Hampshire Revised Statutes
Title LVI - Probate Courts and Decedents' Estates
Chapter 564-F - New Hampshire Foundation Act
Section 564-F:18-1807 - Event Affecting Administration or Distribution.
Universal Citation: NH Rev Stat § 564-F:18-1807 (2018)
564-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.
(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.
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