Unless the governing documents provide otherwise, if a foundation has two or more beneficiaries, then the protector has a duty to act impartially in exercising his, her, or its powers, giving due regard to the foundation's purposes and the beneficiaries' interests.
Source. 2017, 257:47, eff. Oct. 1, 2017. 2018, 210:10, eff. June 8, 2018.