New Hampshire Code of Administrative Rules
Bfa - Business Finance Authority
Chapter Bfa 300 - GENERAL CREDIT ENHANCEMENT PROGRAM RULES
Part Bfa 304 - PROCEDURES FOR REVIEW AND APPROVAL OF APPLICATIONS
Section Bfa 304.06 - Resolution of the Board

Universal Citation: NH Admin Rules Bfa 304.06

Current through Register No. 12, March 21, 2024

If the Board approves an application, the board shall adopt a resolution which shall:

(a) Make all the general and specific findings required under RSA 162-A:18 with respect to the specific program for which the application was submitted;

(b) Recommend to the governor and council that they make such findings;

(c) Provide specifically that the authority shall not execute or deliver the credit enhancement documents until after the governor and council have made such findings; and

(d) Authorize the staff of the authority to take all actions necessary to implement and make effective the credit enhancement authorized in the resolution.

(See Revision Note at chapter heading for Bfa 100) #5719, eff 10-13-93

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