RSA 564-F:18-1808: Exculpation of a Foundation Official.

(a) Subject to subsection (b), a provision of the governing documents relieving a foundation official of liability for breach of duty is enforceable except to the extent that the provision relieves the foundation official of liability for a breach of duty for:

(1) Failing to act in good faith; or

(2) Acting with reckless indifference to the foundation's purposes or the beneficiaries' interests.

(b) A provision of the governing documents relieving a foundation official of liability for breach of duty is unenforceable if the provision was inserted as the result of an abuse by the foundation official of a fiduciary or confidential relationship to the founder.