New Hampshire § 204-C:75 Guarantee

New Hampshire Statutes

§ 204-C:75 — Guarantee

New Hampshire § 204-C:75

Title XVIIHOUSING AND REDEVELOPMENT

Ch. 204-CHOUSING FINANCE AUTHORITY

SubdivisionChild Care Provider Guaranteed Loan Program

This text of New Hampshire § 204-C:75 (Guarantee) 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:75 (2026).

Text

Upon application from a lender in such form as the authority may require, the authority may issue, or commit itself to issue, payable solely from the funds provided pursuant to 204-C:79, to the lender or its assigns, a certificate of guarantee equal to 50 percent of the outstanding principal due on the loan made to eligible child care agencies or organizations as defined in RSA 204-C:72. In no event shall any loan principal guaranteed under this section exceed the amount of $10,000 per recipient.

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Upon application from a lender in such form as the authority may require, the authority may issue, or commit itself to issue, payable solely from the funds provided pursuant to 204-C:79, to the lender or its assigns, a certificate of guarantee equal to 50 percent of the outstanding principal due on the loan made to eligible child care agencies or organizations as defined in RSA 204-C:72. In no event shall any loan principal guaranteed under this section exceed the amount of $10,000 per recipient.