New Hampshire § 204-C:26 Bonds of Authority

New Hampshire Statutes

§ 204-C:26 — Bonds of Authority

New Hampshire § 204-C:26

Title XVIIHOUSING AND REDEVELOPMENT

Ch. 204-CHOUSING FINANCE AUTHORITY

This text of New Hampshire § 204-C:26 (Bonds of Authority) 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. § 204-C:26 (2026).

Text

The authority shall have the power, and is hereby authorized to issue its bonds and notes in such principal amount as the authority shall determine to be necessary to provide sufficient funds for achieving any of its corporate purposes, including the making and purchase of mortgage loans, and loans to lending institutions, the payment of interest on notes and bonds of the authority, establishment of reserves to secure such bonds and notes, including the reserve funds created pursuant to RSA 204-C:40, and all other expenditures of the authority incident to and necessary or convenient to carry out its corporate purposes and powers. Whether or not the bonds and notes are of such form and character as to be negotiable instruments under RSA 382-A:8, they shall be and are deemed to be, for all p

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The authority shall have the power, and is hereby authorized to issue its bonds and notes in such principal amount as the authority shall determine to be necessary to provide sufficient funds for achieving any of its corporate purposes, including the making and purchase of mortgage loans, and loans to lending institutions, the payment of interest on notes and bonds of the authority, establishment of reserves to secure such bonds and notes, including the reserve funds created pursuant to RSA 204-C:40, and all other expenditures of the authority incident to and necessary or convenient to carry out its corporate purposes and powers. Whether or not the bonds and notes are of such form and character as to be negotiable instruments under RSA 382-A:8, they shall be and are deemed to be, for all purposes, negotiable instruments within the meaning of and for all the purposes of RSA 382-A:8 subject only to the provisions of the bonds and notes for registration.