reglab/housing_qa huggingface dataset:
NH Rev Stat § 195-E:16 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-E - Loan Corporations|Section 195-E:16 - Severability.

    195-E:16 Severability. –||If any provision of this chapter or the application thereof to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of the chapter which can be given effect without the invalid provisions or application, and to this end the provisions of this chapter are severable.|||Source. 1981, 229:1, eff. Aug. 10, 1981.|
NH Rev Stat § 195-F:1 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:1 - Declaration of Policy.

    195-F:1 Declaration of Policy. –||It is declared to be the policy of the state that for the benefit of the people of the state, the increase of their commerce, welfare, and prosperity and the improvement of their living conditions, it is essential that this and future generations of youths be given the fullest opportunity to learn and develop their intellectual and mental capacities; that it is essential that educational institutions, as defined herein, within the state be provided with appropriate additional means to assist such youths in achieving the required levels of learning and development of their intellectual and mental capacities; that it is essential that the state, through the New Hampshire municipal bond bank acting on its behalf, foster and promote by all reasonable means the provision of adequate markets and facilities for borrowing money by educational institutions, as defined herein, for the financing of their projects and improvements from proceeds of bonds or notes issued by such educational institutions, and to assist such educational institutions in fulfilling their needs for such purposes by creation of indebtedness and to the extent possible to encourage continued investor interest in the bonds or notes of such educational institutions as sound and preferred securities for investment, particularly for those educational institutions not otherwise able readily to borrow for such purposes at reasonable rates of interest, so as to accomplish the purposes of this chapter all to the public benefit and good.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:2 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:2 - Citation.

    195-F:2 Citation. –||This chapter shall be known as, and may be cited as, the New Hampshire municipal bond bank educational institutions bond financing act.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:5 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:5 - General Power.

    195-F:5 General Power. –||In addition to those powers enumerated in RSA 35-A:6, the bank shall have the authority to purchase or hold educational institution bonds at such prices and in such manner as the bank shall deem advisable and to sell educational institution bonds acquired or held by it at such prices without relation to cost and in such manner as the bank shall deem advisable. The bank may require the educational institution to secure the bonds as to payment of both principal and interest by a pledge of, lien upon or bond interest in, its revenues or properties, including a mortgage thereof, as the bank determines necessary to secure the payment of such bonds purchased and the interest thereon as the same become due. The bank may assign any such pledge, lien or bond interest to or for the benefit of the holders of its bonds. The bank may fix and prescribe any form of application or procedure to be required of an educational institution for the purpose of any loan or the purchase of its educational institution bonds, and to fix the terms and conditions of any such loan or purchase and to enter into agreements with educational institutions with respect to any such loan or purchase. The bank shall have the powers prescribed in RSA 35-A:8 with respect to bonds issued under this chapter, provided, however, that such bonds shall not be general obligations of the bank, but shall be special obligations of the bank payable only from the revenues pledged to their payment. Any pledge of revenues or moneys under this chapter shall have the same effect as a pledge under RSA 35-A:10.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:8 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:8 - Additional Accounts.

    195-F:8 Additional Accounts. –||The bank may establish such additional and further reserves or such other funds or accounts as may be, in its discretion, necessary, desirable or convenient to further the accomplishment of the purposes of the bank delineated under this chapter or to comply with the provisions of any agreement made by or any resolution of the bank.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:9 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:9 - Agreement by State.

    195-F:9 Agreement by State. –||The state does pledge to and agree with the holders of the bonds or notes issued pursuant to authority contained in this chapter that the state will not limit or restrict the rights hereby vested in the bank to purchase, acquire, hold, sell or dispose of educational institution bonds or other investments or to make loans to educational institutions or to establish and collect such fees or other charges as may be convenient or necessary to produce sufficient revenues to meet the expenses of operation of the bank, and to fulfill the term of any agreements made with the holders of its bonds or notes authorized by this chapter or in any way impair the rights or remedies of the holders of such bonds or notes until the bonds and notes, together with interest thereon, and interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceedings by or on behalf of such holders are fully met, paid and discharged.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:10 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:10 - Legal Investments.

    195-F:10 Legal Investments. –||To the extent that other securities of an educational institution are legal investments under state law, the state and all public officers, and agencies thereof, all banks, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, and other persons carrying on a banking business, all insurance companies, insurance associations and other persons carrying on an insurance business, and all executors, administrators, guardians, trustees and other fiduciaries, may legally invest any sinking funds, moneys or other funds belonging to them or within their control in any bonds or notes issued pursuant to this chapter, and such bonds or notes shall be authorized security for any and all public deposits.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:11 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:11 - Exemption From Taxes, Levy and Sale.

    195-F:11 Exemption From Taxes, Levy and Sale. –||I. All property of the educational institution division of the bank is hereby declared to be public property devoted to an essential public and governmental function and purpose and shall be exempt from all taxes and special assessments of the state or any subdivision thereof. All bonds or notes issued pursuant to this chapter are hereby declared to be issued by a body corporate and public of this state and for an essential public and governmental purpose and such bonds and notes, and the interest thereon and the income therefrom, and all fees, charges, funds, revenues, income and other moneys pledged or available to pay or secure the payment of such bonds or notes, or interest thereon, shall at all times be exempt from taxation except for transfer, inheritance and estate taxes.||II. All property of the educational institution division of the bank shall be exempt from levy and sale by virtue of an execution and no execution or other judicial process shall issue against the same nor shall any judgment against the bank be a charge or lien upon its property; provided, that nothing herein contained shall apply to or limit the rights of the holder of any bonds or notes to pursue any remedy for the enforcement of any pledge or lien given by the bank on its revenues or other moneys.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:12 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:12 - Insurance or Guaranty.

    195-F:12 Insurance or Guaranty. –||The bank is authorized and empowered to obtain from any department or agency of the United States or from any nongovernmental insurer any insurance or guaranty (to the extent now or hereafter available) as to, or of, or for, the payment or repayment of, interest or principal, or both, or any part thereof, on any bonds or notes issued by the bank, or on any educational institution bonds purchased or held by the bank, pursuant to the provisions of this chapter; and notwithstanding any other provisions of this chapter to enter into any agreement or contract whatsoever with respect to any such insurance or guaranty except to the extent that the same would in any way impair or interfere with the ability of the bank to perform and fulfill the terms of any agreement made with the holders of the bonds or notes of the bank.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:13 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:13 - Federal Funds; Withholding of Moneys.

    195-F:13 Federal Funds;  Withholding of Moneys. –||I. The state treasurer is hereby authorized to receive from the United States or from any department or agency thereof any amounts of money as and when appropriated, allocated, granted, turned over or in any way provided for the purposes of this chapter, and said amounts shall be paid to the bank and be available to the bank.||II. Any funds or moneys in the custody or control of the state treasurer whether the same shall become available by reason of any grant, allocation or appropriation by the United States or the state or agencies thereof to assist any educational institution in payment of its educational institution bonds owned or held by the bank, or required by the terms of any other law to be paid to holders or owners of educational institution bonds upon failure or default of an educational institution to pay the principal of or interest on its educational institution bonds as and when due and payable, shall, to the extent that any such funds or moneys be applicable with respect to educational institution bonds of a particular educational institution which are then owned or held by the bank and as to which such educational institution has failed or defaulted to make payment of principal or interest as and when due, be paid to the bank for deposit in the reserve fund and made available to the bank.||III. To the extent that the state treasurer shall be the custodian at any time of any funds of moneys due or payable to an educational institution at any time subsequent to written notice to the state treasurer from the bank to the effect that such educational institution has not paid or is in default as to the payment of principal of or interest on any educational institution bonds then held or owned by the bank, the state treasurer shall withhold the payment of such funds or moneys from such educational institution until the amount of such principal or interest then due and unpaid has been paid to the bank, or the state treasurer has been advised that arrangements, satisfactory to the bank, have been made for the payment of such principal and interest.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:14 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:14 - Additional Powers.

    195-F:14 Additional Powers. –||In order to carry out the purposes and provisions of this chapter, the bank, in addition to any powers granted to it elsewhere in this chapter and in RSA 35-A, shall have the following powers:||I. To charge for its costs and services in review or consideration of any proposed loan to an educational institution or purchase of educational institution bonds, and to charge therefor whether or not such loan shall have been made or such educational institution bonds shall have been purchased;||II. In connection with any loan to an educational institution, to consider the need, desirability or eligibility of such loan and the ability of such educational institution to secure borrowed money from other sources and the costs thereof;||III. To fix and establish any and all terms and provisions with respect to any purchase of educational institution bonds by the bank, including date and maturities of such bonds, provision as to redemption or payment prior to maturity, and any and all other matters which in connection therewith are necessary, desirable or advisable in the judgment of the bank;||IV. To the extent permitted under its contracts with the holders of bonds or notes of the bank, to consent to any modification with respect to rate of interest, time and payment of any installment of principal or interest, security or any other term or bond or note, contract or agreement of any kind to which the bank is a party; and||V. To apply for, accept, receive and expend any grants or other moneys that may be made available to it by the federal government or any other public or private source for the purposes of this chapter.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:16 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:16 - Waiver of Defenses; Rights of Holders.

    195-F:16 Waiver of Defenses;  Rights of Holders. –||Upon the sale and issuance of any educational institution bonds to the bank by any educational institution, such educational institution shall be held and be deemed to have agreed that in the event of the failure of such educational institution to pay the interest on or the principal of any of such educational institution bonds owned or held by the bank as and when due and payable, such educational institution shall have waived all and any defenses to nonpayment, the bank shall thereupon constitute a holder or owner of such educational institution bonds as being in default, and that notwithstanding the provisions of any other law as to time or duration of default or percentage of holders or owners of bonds entitled to exercise rights of such holders or owners of bonds in default, or to invoke any remedies or powers thereof or of any trustee in connection therewith or of any board, body, agency or commission of the state having jurisdiction in such matter or circumstance, the bank may then and thereupon avail itself of all other remedies, rights and provisions of law applicable in such circumstance, and that the failure to exercise or exert any such rights or remedies within any time or period provided by law shall not be raised as a defense by such educational institution, and that all of the bonds of the issue of bonds of such educational institution as to which there has been such nonpayment shall for all of the purposes of this section be held and be deemed to have become due and payable and to be unpaid. The bank is hereby authorized and empowered to carry out the provisions of this section and to exercise all of the rights and remedies and provisions of law herein provided or referred to.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:17 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:17 - Cooperation by State Agencies.

    195-F:17 Cooperation by State Agencies. –||All officers, departments, boards, agencies, divisions and commissions of the state are hereby authorized and empowered to render any and all of such services to the bank as may be within the area of their respective governmental functions as fixed or established by law and as may be requested by the bank. All of such officers, departments, boards, agencies, divisions and commissions are authorized and directed to comply promptly with any such reasonable request by the bank as to the making of any study or review as to desirability, need, cost or expense with respect to any educational institution project or improvement, or the financial feasibility thereof or the financial or fiscal responsibility or ability in connection therewith of any educational institution making application for a loan to the bank and for the purchase by the bank of educational institution bonds to be issued by such educational institution. The cost and expense of any services requested by the bank shall, at the request of the officer, department, board, agency, division or commission rendering such service, be met and provided for by the bank.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:18 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:18 - Agreements With Financial Institutions.

    195-F:18 Agreements With Financial Institutions. –||The bank is hereby authorized and empowered to enter into such agreements or contracts with any banks, trust companies, banking or financial institutions, within or without the state, as may be necessary, desirable or convenient in the opinion of the bank for rendering services to the bank in connection with the care, custody or safekeeping of educational institution bonds or other investments held or owned by the bank and services in connection with the payment or collection of amounts due and payable as to principal or interest, and for services in connection with the delivery to the bank of educational institution bonds or other investments purchased by it or sold by it, and to pay the cost of such services. The bank is further authorized and empowered in connection with any of such services to be rendered by any such banks, trust companies or banking or financial institutions as to the custody and safekeeping of any of its educational institution bonds or investments, to require security in the way of collateral bonds, surety agreements or security agreements in such form and in such amount as, in the opinion of the bank, is necessary or desirable for the purpose of the bank.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:19 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:19 - Effectuation of Purposes.

    195-F:19 Effectuation of Purposes. –||In order to effectively carry out its purpose under this chapter of making loans to educational institutions by purchase of educational institution bonds, and by receipt of its income from service charges and from payments of interest on and the maturing principal of educational institution bonds purchased and held by it, and in order to produce revenues or income to the bank sufficient at all times to meet its costs and expenses of operation under this chapter and to pay the principal of and interest on its outstanding bonds and notes when due, the bank shall at all times, and to the greatest extent possible, so plan to issue its bonds and notes and so lend money to educational institutions by the purchase of educational institution bonds so that the aforesaid intention and purpose is achieved without in any manner or respect jeopardizing any rights of the holders of bonds or notes of the bank or affecting other matters provided for in or pursuant to this chapter.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-F:20 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-F - New Hampshire Municipal Bond Bank Educational Institutions Bond Financing Act|Section 195-F:20 - Form of Investments.

    195-F:20 Form of Investments. –||All educational institution bonds or other investments of moneys of the bank permitted or provided for under this chapter shall at all times be purchased and held in fully marketable form (subject to provisions for any registration in the name of the bank). All educational institution bonds at any time purchased, held or owned by the bank shall upon delivery to the bank be accompanied by all documentation customary in the field of educational institution financing, including opinion of counsel, certification and guaranty as to signatures, and certification as to absence of litigation and such other or further documentation as shall from time to time be required by the bank.|||Source. 1982, 5:1, eff. Feb. 19, 1982.|
NH Rev Stat § 195-G:1 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-G - College Savings Bond Program|Section 195-G:1 - Declaration of Policy.

    195-G: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 methods to finance postsecondary education. It is essential that state residents be provided with an appropriate method of financing their postsecondary educations so that they might achieve the required levels of learning and development of their intellectual and mental capacities. Therefore, the general court has conferred certain powers on the state treasurer to accomplish the purposes of this chapter, all to the public benefit and good. It is further declared that the exercise by the state treasurer of the powers conferred under this chapter shall constitute the performance of an essential governmental function.|||Source. 1989, 394:1, eff. Aug. 4, 1989.|
NH Rev Stat § 195-G:2 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-G - College Savings Bond Program|Section 195-G:2 - Definitions.

    195-G:2 Definitions. –||In this chapter "college saving bonds" means general obligation bonds of the state issued pursuant to RSA 6-A and this chapter.|||Source. 1989, 394:1, eff. Aug. 4, 1989.|
NH Rev Stat § 195-G:3 (2021)
2021 New Hampshire Revised Statutes|Title XV - Education|Title 195-G - College Savings Bond Program|Section 195-G:3 - College Savings Bonds.

    195-G:3 College Savings Bonds. –||Bonds sold pursuant to RSA 6-A:12 may be designated by the state treasurer as college savings bonds. Such college savings bonds shall mature not less than 5 years nor more than 20 years from the date of issuance, unless the state treasurer determines otherwise, and shall be subject to such financial incentives as may be otherwise provided.|||Source. 1989, 394:1, eff. Aug. 4, 1989.|