(a) A foundation that is administratively dissolved continues its existence as a legal entity but may not engage in any activities except to the extent necessary or appropriate to wind up its affairs in accordance with RSA 564-F:20-2005 to RSA 564-F:20-2008. (b) A foundation's administrative dissolution does not terminate the authority of the foundation's registered agent. (c) For a period of 120 days after the date of mailing of a notice of administrative dissolution under RSA 564-F:20-2009(b) and subject to subsection (d), the secretary of state shall not permit any person to use or reserve: (1) A name that is the same as or similar to the name of a foundation that was administratively dissolved under RSA 564-F:20-2009; or (2) A trade name registered by the limited liability company under RSA 349. (d) The secretary of state may permit a person to use or reserve a name described in subsection (c)(1) or (c)(2) if the dissolved foundation consents to the use or reservation of that name.
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