RSA 304-C:113 Defense of Reliance on Certain Limited Liability Company Information and Opinions, Etc.

I. In any matter relating to the limited liability company, a manager of a limited liability company shall be fully protected from personal liability in relying, in accordance with contractual good faith, upon information, opinions, reports or statements presented to the limited liability company:
(a) By any of its other managers, members, officers, employees, or committees of the limited liability company; or
(b) By any other person if the manager reasonably believes the matters in question are within the other person's professional or expert competence.
II. The information covered by paragraph I shall include information, opinions, reports, or statements as to the value and amount of the assets, liabilities, profits, or losses of the limited liability company and