reglab/housing_qa huggingface dataset:
NH Rev Stat § 162-A:9 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:9 - Temporary Loans to Business.

    162-A:9 Temporary Loans to Business. –||I. The authority may lend money to businesses for any project. Any such loan shall be on such terms and conditions as prescribed by the authority and shall be evidenced by a promissory note given by the business to the authority. In addition, prior to making any loan, the authority and the business shall enter into a loan agreement specifying the terms and conditions of the loan. Any loan agreement shall specify the terms of repayment of the loan, provide for the payment of an appropriate interest rate, and obligate the business to pay all the costs and expenses of upkeep, maintenance, and operation of the project being financed. A loan agreement may also provide such terms and conditions as the authority shall deem necessary or desirable, including, without limitation, provisions requiring that collateral be pledged to secure the loan, restrictions on the use of loan proceeds, restrictions on the use and operation of any project financed or assisted by the loan, controls on the requisition of loan proceeds, appropriate events of default, provisions for payment to the authority of origination fees, late charges and additional interest on overdue payments of principal, interest or other charges, appropriate financial covenants, and provisions for the establishment of reserves for the project or the loan.||II. Any loan made under this section shall meet the following minimum requirements:||(a) The total principal amount of any loan or loans made to one borrower under this section shall not exceed $2,000,000.||(b) The final maturity date of any loan or loans, including renewals, shall not be later than the later of 3 years from the date the loan is made or one year after the project was placed in service.||III. The authority shall not make any loan or enter into any loan agreement under this section unless after a hearing the governor and council have made the findings specified in RSA 162-A:18.|||Source. 1992, 262:3. 1995, 128:4, eff. May 19, 1995.|
NH Rev Stat § 162-A:9-a (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:9-a - Energy Conservation Loan Program.

    162-A:9-a Energy Conservation Loan Program. –||I. The authority shall establish an energy conservation loan program to encourage small businesses and agricultural entities to improve energy efficiency, particularly through the adoption of conservation and cogeneration initiatives. Pursuant to the terms and conditions for loan guarantees under RSA 162-A:8 and for temporary loans under RSA 162-A:9, the authority shall provide loan guarantees and direct loans to small businesses and agricultural entities for energy efficiency improvements.||II. The authority shall not make any loan or enter into any loan agreement under this section unless, after a hearing, the governor and council have made the findings specified in RSA 162-A:18.|||Source. 2006, 159:1, eff. July 21, 2006.|
NH Rev Stat § 162-A:11 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:11 - Guarantee Fund Established.

    162-A:11 Guarantee Fund Established. –||In order to provide additional security to the state for any loan guarantees made under RSA 162-A:8, RSA 162-A:10, or RSA 162-A:13, there is hereby established a loan guarantee reserve fund, which shall be held by the authority apart from all of its other funds, and which shall be deemed irrevocably pledged to secure all loans guaranteed under RSA 162-A:8, RSA 162-A:10, III, or RSA 162-A:13. Whenever a loan guarantee is awarded under RSA 162-A:8, RSA 162-A:10, III, or RSA 162-A:13 the authority, the borrower, the lending financial institution, the local development organization, the purchaser of the loans, or any appropriate combination of them shall deposit in such fund an amount equal to not less than 10 percent of the guaranteed portion of the principal of the loan or loans. If a state guarantee is called upon to be honored, the authority, upon direction of its treasurer or assistant treasurer, shall draw upon such fund for the purpose of honoring such guarantee, and only when amounts in the fund are exhausted shall the governor be called upon to draw a warrant pursuant to RSA 162-A:8, II, RSA 162-A:10, III, or RSA 162-A:13, II. Interest earned on amounts invested in the fund shall be accumulated therein or paid to the authority upon its direction. If earnings are paid to the authority, they may be used by the authority for any of its purposes. If at any time the amount in the fund exceeds 10 percent of the guaranteed portion of the principal of all loans guaranteed under this section, or such higher amount as may be determined by the authority, the authority may withdraw the excess. Any loan guaranteed under this chapter shall be a permitted investment in this fund. The authority may enter into such trust agreements, depository agreements, or other arrangements with one or more state banks in order to carry out the purposes of this section.|||Source. 1992, 262:3. 1997, 329:6, eff. Oct. 1, 1997.|
NH Rev Stat § 162-A:14 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:14 - Agreements Commercially Reasonable.

    162-A:14 Agreements Commercially Reasonable. –||Any agreements entered into by the state or the authority under this chapter shall be deemed to be on commercially reasonable terms.|||Source. 1992, 262:3, eff. May 15, 1992.|
NH Rev Stat § 162-A:16 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:16 - Eligible Investments.

    162-A:16 Eligible Investments. –||Bonds issued under the provisions of this chapter are hereby made securities in which all public officers, agencies and authorities of the state and of its political subdivisions, insurance companies, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. Such bonds are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency, authority or political subdivision of the state for any purpose for which the deposit of bonds or obligations of the state or any political subdivision is now or may hereafter be authorized by law.|||Source. 1992, 262:3, eff. May 15, 1992.|
NH Rev Stat § 162-A:19 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:19 - Hearings.

    162-A:19 Hearings. –||I. Promptly after the beginning of each calendar year the authority shall conduct a public hearing regarding the use of any available contingent credit limit under RSA 162-A:22 and regarding the allocation of such available contingent credit limit among uses authorized by this chapter. Such hearing may be held before a hearing officer appointed by the authority who shall make a report of the hearing to the board before any final action is taken by the authority that uses a portion of the contingent credit limit.||II. Promptly after the beginning of each calendar year, before the authority makes its first assignment of state ceiling under RSA 162-M, the authority shall conduct a public hearing regarding the use of state ceiling by the authority for that year. Such hearing may be held before a hearing officer appointed by the authority who shall make a report of the hearing to the board before the authority assigns any state ceiling under RSA 162-M:2, III.||III. Any hearing required to be held by the governor and council under this chapter may be held by a single councilor as their designee, who shall make a report of the hearing to the governor and council prior to the making of any findings.||IV. Any hearings held under this chapter shall be for the information of the governor and council or the authority and shall not be treated as determining the rights, duties, or privileges of any entity or person. Neither the authority nor the governor and council shall be required to conduct adjudicative proceedings under RSA 541-A:31-36 in connection with any action taken under this chapter.||V. The authority shall hold the first hearings under RSA 162-A:19, I and II at the beginning of calendar year 1993.|||Source. 1992, 262:3. 1994, 412:19. 1995, 128:17, eff. May 19, 1995.|
NH Rev Stat § 162-A:20 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:20 - Meetings.

    162-A:20 Meetings. –||The authority shall hold its meetings in a building that is accessible to persons with disabilities. Six voting members of the board shall constitute a quorum, and the affirmative vote of a majority of members in attendance at a meeting shall be necessary for any action taken by the board. No vacancy in the membership of the board shall impair the power of a quorum to exercise all rights and perform all duties of the authority. Notwithstanding RSA 91-A or any other law to the contrary, members of the board shall be permitted to participate in meetings by telephone, provided that any board member so participating shall be able to be heard by and to hear every other member of the board participating in the meeting, and, unless the board is meeting in a nonpublic session as permitted by RSA 91-A:3, shall be able to be heard by all members of the public attending the meeting. Voting members of the board participating by telephone shall be treated as present at the meeting for all purposes, including the establishment of a quorum. Any meeting at which one or more board members are participating by telephone shall be recorded verbatim by magnetic tape or otherwise, and such recording shall be made available for public inspection to the same extent as minutes of the meeting, provided that the accidental destruction of a recording or the accidental failure to record any meeting shall not invalidate any action taken at that meeting.|||Source. 1992, 262:3. 1997, 329:11, eff. Oct. 1, 1997.|
NH Rev Stat § 162-A:21 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:21 - Revenues and Expenses of Authority.

    162-A:21 Revenues and Expenses of Authority. –||The revenues received by and due to the authority from any and all sources under this chapter and RSA 162-I shall be retained by the authority and shall be used in such manner as may be determined by the authority consistent with the provisions of this chapter. The authority may expend said funds in connection with transactions and projects consummated or reasonably expected to be consummated under the provisions of this chapter and RSA 162-I as it shall determine in its sole discretion. It is the intent of the legislature that the authority be self-funding and that payment of its operating expenses shall not require state appropriation.|||Source. 1992, 262:3. 1993, 335:12, eff. June 29, 1993.|
NH Rev Stat § 162-A:21-a (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:21-a - Administration of Additional Funds Received by the Authority.

    162-A:21-a Administration of Additional Funds Received by the Authority. –||The authority may receive funds from any source in accordance with a public or private program, provided that such program shall have as a principal function the promotion, encouragement, or development of economic activity. The authority shall administer, loan, advance, or otherwise utilize such funds in such manner as may be determined by the authority in its sole discretion consistent with the provisions of this chapter.|||Source. 1995, 128:9, eff. May 19, 1995.|
NH Rev Stat § 162-A:22 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:22 - Unified Contingent Credit Limit.

    162-A:22 Unified Contingent Credit Limit. –||The total amount of state guarantees in force under RSA 162-A:7-a, RSA 162-A:8, RSA 162-A:10, III, RSA 162-A:13, RSA 162-A:13-a, RSA 162-A:17, and RSA 162-I:9-b shall not exceed in the aggregate at any time $50,000,000 plus interest, provided that such amount shall be increased to $80,000,000 plus interest on January 1, 1993, to $95,000,000 plus interest on January 1, 1994, and to $115,000,000 plus interest on May 1, 2015.|||Source. 1992, 262:3. 1993, 335:14. 2000, 10:4, eff. July 1, 2000. 2015, 47:1, eff. May 21, 2015. 2019, 346:163, eff. July 1, 2019.|
NH Rev Stat § 162-A:23 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:23 - Reports.

    162-A:23 Reports. –||The accounts of the authority shall be subject to an annual audit performed by an independent certified public accountant selected by the authority. The authority shall submit annually to the speaker of the house of representatives, the president of the senate, the senate clerk, the house clerk, the state library, the committee on commerce, small business, consumer affairs and economic development of the house of representatives, the committee on economic development of the senate, and the governor and council a report on its operations and its audited financial statements for the preceding fiscal year.|||Source. 1992, 262:3. 1995, 9:19, eff. June 11, 1995.|
NH Rev Stat § 162-A:23-a (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:23-a - Reports on Economic Development Programs.

    162-A:23-a Reports on Economic Development Programs. –||I. The authority shall include, as part of its annual report or as a separate report published and made available to the public annually on or before September 1, beginning September 1, 1997, the following information regarding each economic development program funded, bonded, or guaranteed by the authority:||(a) Information regarding the number of jobs to be created or saved and the related wages and benefits levels.||(b) The growth potential of the program.||(c) The environmental impact of the program.||(d) The amount of the loan, grant, loan guarantee, bond guarantee, or tax incentives awarded.||II. The annual report shall also include information regarding the criteria for the awarding of economic development assistance and the means by which the authority tracks the progress which each awardee makes in meeting the job, wage, and benefit projections included in its application for assistance.|||Source. 1996, 189:4, eff. Aug. 2, 1996.|
NH Rev Stat § 162-A:24 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:24 - Tax Exemption and Payment for Services in Lieu of Taxes.

    162-A:24 Tax Exemption and Payment for Services in Lieu of Taxes. –||Any property while owned by the authority is declared to be public property and shall be exempt from all taxes and special assessments of the state or any political subdivision of the state. In lieu of such taxes and special assessments, the state or the political subdivision shall require any business that is a tenant, occupant or user of the property to make payments annually to the municipality in which the property is located, for its just share of the public expense, including, but not limited to, education, highway maintenance, fire and police protection and other similar public expenses and governmental services. The board of tax and land appeals shall determine, after a hearing, that the payments constitute a just share of the public expense.|||Source. 1992, 262:3, eff. May 15, 1992.|
NH Rev Stat § 162-A:25 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:25 - Construction and Effect of Other Laws.

    162-A:25 Construction and Effect of Other Laws. –||I. The powers conferred by this chapter are supplemental and alternative to other powers conferred by law, and this chapter is intended as an independent and comprehensive conferral of powers to accomplish the purposes set forth in RSA 162-A:1.||II. No notice, hearing, proceedings or approval shall be required with respect to any action taken under this chapter except as provided in this chapter.||III. Purchases and contracts required in connection with a project may be made or let without regard to any provision of law relating to public purchases or contracts.||IV. The provisions of this chapter shall be liberally construed in order to effect its purposes.||V. If any provision of this chapter shall be held invalid in any circumstance, such invalidity shall not affect any other provisions or circumstances.||VI. This chapter shall be construed in all respects so as to meet all constitutional requirements. In carrying out the purposes and provisions of this chapter, all steps shall be taken which are necessary to meet constitutional requirements whether or not such steps are required by statute.||VII. [Repealed.]||VIII. Neither the members of the board nor any officer or employee of the authority shall be personally liable in ordinary negligence by reason of the issuance of bonds under this chapter or RSA 162-I. The state shall indemnify a board member or officer or employee of the authority for expenses related to defense against an ordinary negligence action. Neither the state nor the authority nor any officer or employee of either of them shall be subject to any liability for actions taken to protect the interests of the state, the authority, or any owner of the authority's bonds, provided that such actions are not reckless or wanton.|||Source. 1992, 262:3. 1997, 329:18, eff. Oct. 1, 1997.|
NH Rev Stat § 162-A:26 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:26 - Conflicts of Interest.

    162-A:26 Conflicts of Interest. –||Any person or entity acting as an independent contractor for the authority shall avoid any conflict of interest. No person or entity employed or retained by the authority as an independent contractor shall, while so employed or retained, represent any interest before the authority other than those of the authority and the state. Any independent contractor who acts in a manner contrary to this section shall be dismissed by the authority unless such independent contractor takes prompt steps to eliminate any conflict of interest after receipt of notice from the authority that such a conflict exists. Nothing in this section shall prevent the authority from requiring any borrower to pay or reimburse the authority for the fees and expenses of any independent contractor in connection with the borrower obtaining assistance from the authority. Notwithstanding anything in this section to the contrary, an independent contractor may, with the written consent of the authority, represent a party other than the authority in connection with the issuance of bonds under RSA 162-I, provided the principal amount of the bond issue is not greater than $20,000,000.|||Source. 1992, 262:3, eff. May 15, 1992.|
NH Rev Stat § 162-A:27 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:27 - False Statements Made to Business Finance Authority.

    162-A:27 False Statements Made to Business Finance Authority. –||The authority may order, after hearing upon its own motion or upon complaint, that a person or entity shall be prohibited from applying to the authority for any guarantee, loan, or other credit enhancement under this chapter if the authority determines that such person or entity knowingly made a false statement, or knowingly misrepresented or failed to state a material fact necessary in order to make a statement not misleading in light of the circumstances under which the statement was made, in any document or other presentation submitted to the authority.|||Source. 1995, 128:10, eff. May 19, 1995.|
NH Rev Stat § 162-A:28 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:28 - Exemption From Administrative Procedure Act and Rulemaking Authority.

    162-A:28 Exemption From Administrative Procedure Act and Rulemaking Authority. –||The authority shall be exempt from the provisions of RSA 541-A and may adopt rules in accordance with its own procedures to facilitate, implement, and carry out the powers, duties, and purposes of the authority enumerated in this chapter and such other and additional powers and purposes as shall be conferred upon it by the legislature. The authority shall file in the office of legislative services a copy of all existing rules adopted by the authority. Any rule adopted after the effective date of this section or any amendment or repeal of any existing rule shall be filed in the office of legislative services within 7 days of such adoption, amendment, or repeal.|||Source. 1997, 329:12, eff. Oct. 1, 1997.|
NH Rev Stat § 162-A:29 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:29 - Relation to Other Agencies.

    162-A:29 Relation to Other Agencies. –||The financial and administrative operations of the authority shall be exempt from the rules of any department, commission, board, bureau, or agency of the state except to the extent and in the manner provided in this chapter.|||Source. 1997, 329:12, eff. Oct. 1, 1997.|
NH Rev Stat § 162-A:30 (2021)
2021 New Hampshire Revised Statutes|Title XII - Public Safety and Welfare|Title 162-A - Business Finance Authority|Section 162-A:30 - Authorization to Accept State Money.

    162-A:30 Authorization to Accept State Money. –||The authority is authorized to accept such moneys as may be appropriated from time to time by the legislature for carrying out its corporate purpose. The authority shall repay the state all sums which are appropriated to the authority for organizational purposes in 5 annual installments, beginning with the fifth year after the receipt of such funds.|||Source. 1997, 329:12, eff. Oct. 1, 1997.|