{"data":{"id":"us-nh/rsa-564-f-18-1802","jurisdiction":"us-nh","citation":"RSA 564-F:18-1802","heading":"Damages for Breach of Duty.","body":"(a) A foundation official who commits a breach of duty is liable to the affected beneficiaries for the greater of:\n(1) The amount required to restore the value of the foundation's property and distributions to what they would have been had the breach of duty not occurred; or\n(2) the profit that the foundation official made by reason of the breach of duty.\n(b) Except as otherwise provided in subsection (c) or (d), a foundation official is entitled to contribution from the other foundation officials to the extent permitted by RSA 507:7-f if more than one foundation official is liable to the beneficiaries for a breach of duty.\n(c) A foundation official is not entitled to contribution if:\n(1) The foundation official was substantially more at fault than another foundation officials; or\n(2) The foundation official committed the breach of duty in bad faith or with reckless indifference to the foundation's purposes or the beneficiaries' interests.\n(d) A foundation official who received a benefit from the breach of duty is not entitled to contribution from another foundation official to the extent of the benefit received.","path":["Title LVI: PROBATE COURTS AND DECEDENTS' ESTATES","Chapter ARTICLE 18: Breach of Duty"],"source_url":"https://gc.nh.gov/rsa/html/LVI/564-F/564-F-18-1802.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T17:08:19Z","sha256":"b37d3e5a9035f71510e860d4fb8cd192313d37533f8fee17824e42bc14fcb27a","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-564-f-18-1801","next":"us-nh/rsa-564-f-18-1803"},"notice":"GroundRules: Original legal text. Not legal advice."}
