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 304.08 - Effectiveness of the Credit Enhancement

Universal Citation: NH Admin Rules Bfa 304.08

Current through Register No. 12, March 21, 2024

(a) After the governor and council have made the findings required by RSA 162-A:18, the persons authorized to execute and deliver the credit enhancement documents and any related certificates on behalf of the authority shall so execute and deliver such documents and related certificates.

(b) Not withstanding (a) above, any person authorized to execute and deliver such documents and certificates shall refuse to do so if in that person's judgment the documents and certificates do not adequately address or protect the financial interests of the authority or the state or are inconsistent with the purposes of RSA 162-A.

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

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