New Hampshire § 162-A:4 Management

New Hampshire Statutes

§ 162-A:4 — Management

New Hampshire § 162-A:4

Title XIIPUBLIC SAFETY AND WELFARE

Ch. 162-ABUSINESS FINANCE AUTHORITY

This text of New Hampshire § 162-A:4 (Management) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 162-A:4 (2026).

Text

I.The management of the authority shall be vested in a board of 14 directors, who shall serve without compensation. The governor, with the consent of the council, shall appoint 9 members of the board, who shall include an executive director of a regional planning commission and one elected or appointed local official. The governor shall designate one of the board members as chairperson. Each board member appointed by the governor shall hold office for 3 years, or until a successor has been appointed. The state treasurer shall serve as a voting ex officio member of the board. Two members of the house of representatives, who shall be appointed by the speaker of the house of representatives, and 2 members of the senate, who shall be appointed by the president of the senate, shall serve as no

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I. The management of the authority shall be vested in a board of 14 directors, who shall serve without compensation. The governor, with the consent of the council, shall appoint 9 members of the board, who shall include an executive director of a regional planning commission and one elected or appointed local official. The governor shall designate one of the board members as chairperson. Each board member appointed by the governor shall hold office for 3 years, or until a successor has been appointed. The state treasurer shall serve as a voting ex officio member of the board. Two members of the house of representatives, who shall be appointed by the speaker of the house of representatives, and 2 members of the senate, who shall be appointed by the president of the senate, shall serve as nonvoting members of the board. A director serving as a member of the house of representatives or as a member of the senate shall serve for a term ending when the general court dissolves.
II. A director, officer, or employee of the authority shall not use his or her office for personal gain or act in a manner contrary to the public interest. A director shall abstain from voting on matters in which the director has a financial interest, whether personally or through a spouse or dependent. If in doubt, the director may submit a written request for advice to the chairperson, who shall make a ruling as to whether the director may vote on a matter.