reglab/housing_qa huggingface dataset:
NH Rev Stat § 195-D:17 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-D - New Hampshire Health and Education Facilities Authority|Section 195-D:17 - Bonds Eligible for Investment.

    195-D:17 Bonds Eligible for Investment. –||Bonds issued by the corporation under the provisions of this chapter are securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, trust companies, banking associations, credit unions, building and loan associations, investment companies, executors, administrators, trustees and other fiduciaries, pension, profit-sharing, and retirement funds may properly invest funds, including capital in their control or belonging to them. Such bonds are securities which may properly be deposited with and received by any state or municipal officer or any agency or political subdivision of the state for any purpose for which the deposit of bonds or other obligations of the state is now or may be authorized by law after August 29, 1969.|||Source. 1969, 318:1, eff. Aug. 29, 1969.|
NH Rev Stat § 195-D:18 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-D - New Hampshire Health and Education Facilities Authority|Section 195-D:18 - Biennial Report and Audit.

    195-D:18 Biennial Report and Audit. –||I. Within 4 months after the close of the second fiscal year of the corporation and biennially thereafter, it shall make a report to the governor and council of its activities for both preceding fiscal years and such report shall set forth a complete operating and financial statement covering the corporation's operations during the 2 preceding fiscal years including a complete and detached report setting forth:||(a) Its operations and accomplishments;||(b) Its receipts and expenditures during each preceding fiscal year in accordance with the categories or classifications established by the corporation for its operating and capital outlay purposes;||(c) Its assets and liabilities at the end of each preceding fiscal year; and||(d) A schedule of its bonds and notes outstanding at the end of each preceding fiscal year, together with a statement of the amounts redeemed and incurred during each preceding fiscal year.||II. The corporation shall cause an audit of its books and accounts to be made at least once each second fiscal year by certified public accountants and the cost thereof shall be paid by the corporation from funds available to it pursuant to this chapter.|||Source. 1969, 318:1. 1971, 198:11. 1973, 140:28, eff. Jan. 1, 1974.|
NH Rev Stat § 195-D:19 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-D - New Hampshire Health and Education Facilities Authority|Section 195-D:19 - Source of Payment of Expenses.

    195-D:19 Source of Payment of Expenses. –||All expenses incurred in carrying out the provisions of this chapter shall be payable solely from funds provided under the authority of this chapter and no liability or obligation shall be incurred by the corporation under this chapter, beyond the extent to which moneys shall have been provided under the provisions of this chapter.|||Source. 1969, 318:1, eff. Aug. 29, 1969.|
NH Rev Stat § 195-D:20 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-D - New Hampshire Health and Education Facilities Authority|Section 195-D:20 - State Not Liable.

    195-D:20 State Not Liable. –||The state is not liable for the payment of the principal of or interest on any bonds of the corporation, or for the performance of any pledge, mortgage, obligation or agreement of any kind whatsoever which may be undertaken by the corporation, and none of the bonds of the corporation nor any of its agreements or obligations shall be construed to constitute an indebtedness of the state within the meaning of any constitutional or statutory provision whatsoever, nor shall the issuance of bonds under the provisions of this chapter directly or indirectly or contingently obligate the state or any municipality or political subdivision thereof to levy or to pledge any form of taxation whatever therefor or to make any appropriation for their payment.|||Source. 1969, 318:1, eff. Aug. 29, 1969.|
NH Rev Stat § 195-D:22 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-D - New Hampshire Health and Education Facilities Authority|Section 195-D:22 - Agreement of the State.

    195-D:22 Agreement of the State. –||The state does hereby pledge to and agree with the holders of any bonds, notes and other obligations issued under this chapter, and with those parties who may enter into contracts with the corporation pursuant to the provisions of this chapter, that the state will not limit, alter, restrict, or impair the rights hereby vested in the corporation and the participating institutions to acquire, construct, reconstruct, maintain and operate any project as defined in this chapter or to establish, revise, charge and collect rates, rents, fees and other charges as may be convenient or necessary to produce sufficient revenues to meet the expenses of maintenance and operation thereof and to fulfill the terms of any agreements made with the holders of bonds, notes or other obligations authorized and issued by this chapter, and with the parties who may enter into contracts with the corporation pursuant to the provisions of this chapter, or in any way impair the rights or remedies of the holders of such bonds, notes or other obligations or such parties until the bonds, notes and such other obligations, together with interest thereon, with interest on any unpaid installment of interest and all costs and expenses in connection with any action or proceeding by or on behalf of the bondholders, are fully met and discharged and such contracts are fully performed on the part of the corporation. However, nothing in this chapter precludes such limitation or alteration if and when adequate provision is made by law for the protection of the holders of such bonds, notes or other obligations of the corporation or those entering into such contracts with the corporation. The corporation is authorized to include this pledge and undertaking for the state in such bonds, notes or other obligations or contracts.|||Source. 1969, 318:1. 1971, 198:13. 1991, 298:10, eff. Aug. 19, 1991.|
NH Rev Stat § 195-D:23 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-D - New Hampshire Health and Education Facilities Authority|Section 195-D:23 - Act Cumulative; No Notice Required.

    195-D:23 Act Cumulative;  No Notice Required. –||Neither this chapter nor anything herein contained is or shall be construed as a restriction or limitation upon any powers which the New Hampshire health and education facilities authority might otherwise have under any laws of this state, and this chapter is cumulative of any such powers. This chapter does and shall be construed to provide a complete, additional, and alternative method for the doing of the things authorized thereby and shall be regarded as supplemental and additional to powers conferred by other laws. However, the issuance of revenue bonds, notes and other obligations and revenue refunding bonds under the provisions of this chapter need not comply with the requirements of any other state law applicable to the issuance of bonds, notes and other obligations and contracts for the construction and acquisition of any project undertaken pursuant to this chapter need not comply with the provisions of any other state law applicable to contracts for the construction and acquisition of state owned property. No proceedings, notice or approval shall be required for the issuance of any bonds, notes and other obligations or any instrument as security therefor, except as is provided in this chapter.|||Source. 1969, 318:1. 1970, 16:24. 1971, 198:14. 1999, 253:14, eff. July 9, 1999.|
NH Rev Stat § 195-D:24 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-D - New Hampshire Health and Education Facilities Authority|Section 195-D:24 - Act Liberally Construed.

    195-D:24 Act Liberally Construed. –||This chapter, being necessary for the welfare of the state and its inhabitants, shall be liberally construed so as to effect its purposes.|||Source. 1969, 318:1, eff. Aug. 29, 1969.|
NH Rev Stat § 195-E:1 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:1 - Declaration of Policy.

    195-E:1 Declaration of Policy. –||It is declared to be the policy of this state that for the benefit of the people of the state, the increase of their commerce, welfare, and prosperity and the improvement of their health and living conditions, it is essential that students attending higher educational institutions be given the fullest opportunity to learn and develop their intellectual and mental capacities. It is recognized that the financial costs to obtain an education beyond the high school level are often burdensome or prohibitive, and it is essential that qualified students or their parents be provided with low cost financial assistance in order that the students may attend such schools and to reduce the total amount of loan payments following graduation. In order to achieve this policy, it is essential that state residents be provided with an appropriate source of financing their postsecondary educations and that educational institutions wherever situated be provided with appropriate additional means to assist qualified students or their parents financially so that the students might achieve the required levels of learning and development of their intellectual and mental capacities. In order to assure the continued viability of existing loan programs whereby educational loans are made available to qualified students or their parents, it is necessary and desirable to provide an efficient, stable secondary market to which such loans may be sold, transferred, or pledged in exchange for funds with which the original lender will be enabled to continue or increase participation in such loan programs. Therefore, the general court has conferred certain powers on educational institutions, on loan corporations, on the New Hampshire higher education assistance foundation, and on the New Hampshire health and education facilities authority to assure the successful origination, distribution and collection of loans so as to accomplish the purposes of this chapter, all to the public benefit and good. It is further declared that the exercise by the educational institutions, the loan corporations, the New Hampshire higher education assistance foundation and the New Hampshire health and education facilities authority of the powers conferred under this chapter will constitute the performance of an essential governmental function.|||Source. 1981, 229:1. 1983, 112:1. 1986, 23:1. 1994, 86:3. 1999, 253:15. 2005, 120:1, eff. Aug. 14, 2005.|
NH Rev Stat § 195-E:2 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:2 - Definitions.

    195-E:2 Definitions. –||In this chapter:||I. "Authority" means the New Hampshire health and education facilities authority, established under RSA 195-D:4.||II. "Loan corporation" means any corporation established under RSA 195-E:3. A loan corporation may make student loans to students of more than one qualified educational institution, or to the parents of those students.||III. "Educational institution" means any institution for postsecondary or higher education as defined in RSA 195-D:3, V, and in addition means any institution for postsecondary training and education or which awards an undergraduate or advanced degree, whether located within or without the state of New Hampshire.||IV. "Qualified educational institution" means any educational institution whose principal campus or principal facilities are located within the state of New Hampshire.||V. "Eligible student" means any student attending a qualified educational institution and any New Hampshire resident attending an educational institution.||VI. "Foundation" means the New Hampshire higher education assistance foundation or any voluntary nonprofit corporation organized under RSA 292 by 5 members of the board of trustees of the New Hampshire higher education assistance foundation who have been duly authorized so to do by a 2/3 vote of the said board of trustees.||VII. "Parent" means mother, father or adoptive parent and shall include any person with the duty and authority to make important decisions in matters having a permanent effect on the life and development of the student and to be concerned about the general welfare of the student.|||Source. 1981, 229:1. 1983, 112:2. 1986, 23:2, 3. 1999, 253:16, eff. July 9, 1999.|
NH Rev Stat § 195-E:3 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:3 - Loan Corporation Authorized.

    195-E:3 Loan Corporation Authorized. –||I. Any qualified educational institution may form a voluntary nonprofit corporation in accordance with this chapter for the purposes specified in this chapter. A qualified educational institution may form a loan corporation either:||(a) By organizing a new voluntary nonprofit corporation as provided in this chapter; or||(b) By amending the articles of agreement and bylaws of an existing voluntary nonprofit corporation organized under RSA 292 to conform the articles and bylaws to the requirements of RSA 195-E:5-9; or||(c) By adopting the articles of agreement and bylaws of an existing corporation validly organized by any other entity pursuant to subparagraphs (a) or (b); or||(d) By merging any voluntary nonprofit corporation organized under RSA 292 with any existing loan corporation validly organized by any other entity pursuant to subparagraphs (a) or (b).||II. The provisions of RSA 195-E:3-9 shall not apply to the foundation.|||Source. 1981, 229:1. 1983, 112:3, eff. May 25, 1983.|
NH Rev Stat § 195-E:4 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:4 - Incorporators.

    195-E:4 Incorporators. –||I. A qualified educational institution may, by a 2/3 vote of its board of trustees or other governing body, agree to form a loan corporation for the purpose of providing low cost financial assistance to qualified students enrolled at the institution or to their parents. The articles of agreement, articles of amendment, articles of merger, or agreement adopting the articles of agreement and bylaws of any existing loan corporation shall be signed by 5 members of the board of trustees or other governing body who are so authorized in writing by the board of trustees or other body. If a loan corporation is formed pursuant to RSA 195-E:3, I(a) or (b), the 5 members of the board of trustees or other governing body shall act as the incorporators of the loan corporation.||II. The incorporators shall be deemed to be acting in their capacities as members of and on behalf of the board of trustees or other governing body.|||Source. 1981, 229:1. 1983, 112:4. 1986, 23:4, eff. June 17, 1986.|
NH Rev Stat § 195-E:5 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:5 - Articles of Agreement.

    195-E:5 Articles of Agreement. –||The articles of agreement of a loan corporation shall contain the following:||I. The name of the loan corporation, which shall clearly identify the qualified educational institution or institutions involved and shall contain the words "Loan Corporation";||II. The object for which the loan corporation is established;||III. The provisions for disposition of the corporate assets in the event of dissolution of the loan corporation;||IV. The address at which the business of the loan corporation is to be carried on;||V. The amount of capital stock, if any, or the number of shares, if any;||VI. The signature and post office address of each of the incorporators;||VII. A true copy of the vote of the educational institution agreeing to form a loan corporation; and||VIII. A true copy of the authorization for each incorporator to sign the articles of incorporation.|||Source. 1981, 229:1. 1983, 112:5, eff. May 25, 1983.|
NH Rev Stat § 195-E:6 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:6 - Repealed by 1983, 112:12, eff. May 25, 1983.

    195-E:6 Repealed by 1983, 112:12, eff. May 25, 1983. –|
NH Rev Stat § 195-E:7 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:7 - Recording.

    195-E:7 Recording. –||The secretary of state shall record the articles of agreement in his office. When so recorded the signers shall be a loan corporation. The loan corporation and its officers and members shall have all the rights and powers and shall be subject to all the duties and liabilities as those of voluntary corporations established under RSA 292; provided that these rights, powers, duties or liabilities may be limited or expanded by this chapter.|||Source. 1981, 229:1, eff. Aug. 10, 1981.|
NH Rev Stat § 195-E:8 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:8 - Fees for Recording.

    195-E:8 Fees for Recording. –||The fee for recording the articles of agreement and any record of amendment in the office of the secretary of state shall be the same as the fees which are required for voluntary nonprofit corporations under RSA 292:5.|||Source. 1981, 229:1, eff. Aug. 10, 1981.|
NH Rev Stat § 195-E:9 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:9 - Repealed by 1983, 112:12, eff. May 25, 1983.

    195-E:9 Repealed by 1983, 112:12, eff. May 25, 1983. –|
NH Rev Stat § 195-E:11 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:11 - Rights of the Authority, Foundation, Qualified Educational Institution and Loan Corporations.

    195-E:11 Rights of the Authority, Foundation, Qualified Educational Institution and Loan Corporations. –||In issuing bonds for a student loan program, the authority, the foundation, any qualified educational institution and any loan corporations created under this chapter shall have all the power and authority and be subject to all of the rights, liabilities and responsibilities as provided in RSA 195-D, insofar as these provisions do not conflict with this chapter. Nothing in this chapter shall otherwise limit any other bond issuance or other powers of the authority set forth in RSA 195-D.|||Source. 1981, 229:1. 1983, 112:8, eff. May 25, 1983.|
NH Rev Stat § 195-E:12 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:12 - Credit of State Not Pledged.

    195-E:12 Credit of State Not Pledged. –||I. Revenue bonds issued under this chapter do not constitute a debt or liability of the state or of any municipality or political subdivision of the state or a pledge of the faith and credit of the state or of any municipality or political subdivision.||II. These revenue bonds are payable solely from the revenues or other funds derived from student loans, either directly or indirectly provided by this chapter for their payment. All such revenue bonds shall contain on the face of the bond a statement to the effect that neither the state nor the authority is obligated to pay the bond or the interest on the bond except from revenues or other funds derived from student loans, either directly or indirectly provided by this chapter, and that neither the faith and credit nor the taxing power of the state or of any municipality or political subdivision of the state is pledged to the payment of the principal of or the interest on the bonds. The issuance of revenue bonds under this chapter shall not directly or indirectly or contingently obligate the state or any municipality or political subdivision of the state to levy or to pledge any form of taxation whatever for the bonds or to make any appropriation for their payment.|||Source. 1981, 229:1, eff. Aug. 10, 1981.|
NH Rev Stat § 195-E:13 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:13 - Source of Payment of Expenses.

    195-E:13 Source of Payment of Expenses. –||All reasonable expenses incurred in carrying out the provisions of this chapter shall be payable by the foundation, the respective qualified educational institutions, or the respective loan corporations, as the case may be, and no liability or obligation shall be incurred by the authority or any other state agency.|||Source. 1981, 229:1. 1983, 112:9, eff. May 25, 1983.|
NH Rev Stat § 195-E:14 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:14 - Administration of Loans; No Discrimination.

    195-E:14 Administration of Loans;  No Discrimination. –||I. The foundation, a qualified educational institution and a loan corporation shall have the full power and authority and be subject to all rights, responsibilities and liabilities for the administration of a loan program and for the distribution and collection of loans to qualified students or their parents, including the determination of who is eligible to receive loans, the amounts of the loans, repayment schedules and interest rates to be charged; provided that the terms are in accordance with law and do not discriminate against any person on account of race, creed, national origin, sex, gender identity, sexual orientation, or age. In the case of student loans made to eligible students or the parents of such students who attend educational institutions that are not qualified educational institutions, the foundation shall have primary responsibility for the administration of such portion of the loan program and the servicing of such loans; provided, however, that this sentence shall not prohibit the foundation from contracting with another entity for assistance in such administration and servicing as agent for the foundation.||II. The foundation, any qualified educational institution, and any loan corporation are authorized to contract with other service corporations to provide bookkeeping, data processing, loan servicing, loan administration and related fiscal services required for the conduct of their business.|||Source. 1981, 229:1. 1983, 112:10. 1986, 23:8, eff. June 17, 1986. 2019, 332:14, eff. Oct. 15, 2019.|
NH Rev Stat § 195-E:15 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:15 - Exemption From Taxation.

    195-E:15 Exemption From Taxation. –||The exercise of the powers granted by this chapter will be in all respects for the benefit of the people of the state, for the increase of their commerce, welfare and prosperity, and for the improvement of their health and living conditions, and will constitute the performance of an essential governmental function. Neither the authority nor the loan corporations shall be required to pay any taxes or assessment upon the activities of the authority or the loan corporations or their agents in the administration and operation of loan programs pursuant to this chapter.|||Source. 1981, 229:1, eff. Aug. 10, 1981.|
NH Rev Stat § 195-E:15-a (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:15-a - Designation of Eligible Lender for Federally Guaranteed Student Loans.

    195-E:15-a Designation of Eligible Lender for Federally Guaranteed Student Loans. –||New Hampshire Higher Education Loan Corporation, a New Hampshire voluntary, nonprofit corporation, is hereby designated as "eligible lender" within the meaning of 20 U.S.C. section 1085(d)(1)(D), to enable it to provide a secondary market for federally guaranteed student loans. Furthermore, New Hampshire Higher Education Loan Corporation is requested to acquire student loan notes pursuant to and in accordance with the provisions of 26 U.S.C. section 150(d), as it may be amended from time to time.|||Source. 1993, 335:19. 1994, 86:5, eff. July 5, 1994.|