New Hampshire § 195-E:15 Exemption From Taxation

New Hampshire Statutes

§ 195-E:15 — Exemption From Taxation

New Hampshire § 195-E:15

Title XVEDUCATION

Ch. 195-ELOAN CORPORATIONS

This text of New Hampshire § 195-E:15 (Exemption From Taxation) 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. § 195-E:15 (2026).

Text

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 business finance authority, as applicable, nor the loan corporations shall be required to pay any taxes or assessment upon the activities of the authority or the business finance authority, as applicable, or the loan corporations or their agents in the administration and operation of loan programs pursuant to this chapter.

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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 business finance authority, as applicable, nor the loan corporations shall be required to pay any taxes or assessment upon the activities of the authority or the business finance authority, as applicable, or the loan corporations or their agents in the administration and operation of loan programs pursuant to this chapter.