New Hampshire § 564-F-7-702 - Section 564-F:7-702 Reserved Powers.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 564-F-7-702 — Section 564-F:7-702 Reserved Powers., with citation guidance and answers to common questions.
§ 564-F-7-702. Section 564-F:7-702 Reserved Powers.
(a) The founder may reserve any one or more powers, rights, and interests, including any of the following: (1) The power to amend or restate the foundation's certificate of formation; (2) The power to amend, restate, or revoke the foundation's bylaws; (3) The power to appoint any one or more foundation officials; (4) The power to remove any one or more foundation officials; (5) The power to direct the directors to distribute some or all of the foundation's property to one or more beneficiaries or in furtherance of one or more of the foundation's purposes; (6) The power to direct the directors concerning the investment of the foundation property; (7) The right to receive distributions from the foundation; and (8) The power to dissolve the foundation. (b) Unless the governing documents provide otherwise, the founder retains the following powers, rights, and interests: (1) The power to amend or restate the foundation's certificate of formation; (2) The power to amend, restate, or revoke the foundation's bylaws; (3) The power to direct the directors concerning distributions of the foundation's property; (4) The right to receive distributions from the foundation; or (5) The power to dissolve the foundation.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 564-F-7-702
What does New Hampshire Revised Statutes Annotated § 564-F-7-702 cover?
Section 564-F-7-702 ("Section 564-F:7-702 Reserved Powers.") is part of the New Hampshire Revised Statutes Annotated, the codified statutory law of New Hampshire. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Hampshire § 564-F-7-702?
A common citation format is "New Hampshire Revised Statutes Annotated § 564-F-7-702" (New Hampshire). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Hampshire law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Hampshire official source linked on this page or consult a licensed New Hampshire attorney.
How does New Hampshire § 564-F-7-702 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Hampshire can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Hampshire.