564-F:20-2008 Director Duties. – (a) A director of a dissolved foundation shall have the following duties: (1) A duty to cause the dissolved foundation to discharge its liabilities or make reasonable provision for discharging its liabilities; and (2) A duty to cause the dissolved foundation to distribute its remaining property in accordance with the governing documents. (b) A director of a dissolved foundation that has disposed of claims under RSA 564-F:20-2006 or RSA 564-F:20-2007 shall not be liable for breach of subsection (a) to the extent that the claim against the dissolved foundation is barred or satisfied under RSA 564-F:20-2006 or RSA 564-F:20-2007. Source. 2017, 257:47, eff. Oct. 1, 2017.
New Hampshire Legal Code