RSA 564-F:2-201 Definitions.

For purposes of this chapter, the following definitions shall apply:
(a) "Beneficiary" means a person:
(1) To whom the foundation may distribute foundation property; and
(2) The person is:
(A) Identified by name in the foundation's governing documents; or
(B) Ascertainable from the foundation's governing documents by reference to:
(i) A class; or
(ii) A relationship to another person, including an individual who may not be living at the time of the foundation's formation or at the time members of a class are to be determined under the foundation's governing documents.
(b) "Beneficiary's interest" means a beneficiary's interest in a foundation as defined by the foundation's governing documents.
(c) "Breach of duty" means a breach