RSA 564-F:16-1606 Nonjudicial Settlement Agreement.

Title: LVI - PROBATE COURTS AND DECEDENTS' ESTATES Chapter: 564-F - NEW HAMPSHIRE FOUNDATION ACT

(a) For purposes of this section, "interested person" means each of the following persons:
(1) A founder;
(2) A foundation official;
(3) A person who, under the governing documents, has the power to enforce the terms of the governing documents;
(4) If the trust is a charitable trust, the director of charitable trusts; and
(5) Any other person whose consent would be required in order to achieve a binding settlement if a court would approve the settlement.
(b) Subject to subsection (c), all of the interested persons may enter into a binding nonjudicial settlement agreement with respect to any matter involving a foundation.
(c) A nonjudicial settlement agreement is valid only to the extent that:
(1) It does not violate any of the foundati

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