TITLE LVI
PROBATE COURTS AND DECEDENTS' ESTATES

CHAPTER 564-F
NEW HAMPSHIRE FOUNDATION ACT

ARTICLE 15
Third Parties

Section 564-F:15-1501

    564-F:15-1501 Liability of Foundation Officials and Beneficiaries to Third Parties. –
(a) Subject to RSA 564-F:20-2007 and subsection (c), a foundation's debts, obligations, and liabilities, whether arising in contract, tort, or otherwise, shall be solely the foundation's debts, obligations, and liabilities.
(b) Subject to RSA 564-F:20-2007 and subsection (c), a founder, foundation official, or beneficiary shall not be personally liable for any of the foundation's debts, obligations, and liabilities solely by reason of being a founder, foundation official, or beneficiary.
(c) A founder, foundation official, or beneficiary may agree to be personally liable for any or all of the foundation's debts, obligations, and liabilities.

Source. 2017, 257:47, eff. Oct. 1, 2017.