Section 195-E:9 – Repealed by 1983, 112:12, eff. May 25, 1983.
195-E:9 Repealed by 1983, 112:12, eff. May 25, 1983. –
Section 195-E:10 – Issuance of Bonds.
195-E:10 Issuance of Bonds. – I. The authority is empowered to issue bonds and other obligations for the purposes specified in this chapter in accordance with this section. II. [Repealed.] III. No bonds or other obligations shall be issued except after the governor and council, or their designee, after hearing, shall have found that: […]
Section 195-E:11 – Rights of the Authority, Foundation, Qualified Educational Institution and Loan Corporations.
195-E:11 Rights of the Authority, Foundation, Qualified Educational Institution and Loan Corporations. – In issuing bonds for a student loan program, the authority, the foundation, any qualified educational institution and any loan corporations created under this chapter shall have all the power and authority and be subject to all of the rights, liabilities and […]
Section 195-E:12 – Credit of State Not Pledged.
195-E:12 Credit of State Not Pledged. – I. Revenue bonds issued under this chapter do not constitute a debt or liability of the state or of any municipality or political subdivision of the state or a pledge of the faith and credit of the state or of any municipality or political subdivision. II. These […]
Section 195-E:13 – Source of Payment of Expenses.
195-E:13 Source of Payment of Expenses. – All reasonable expenses incurred in carrying out the provisions of this chapter shall be payable by the foundation, the respective qualified educational institutions, or the respective loan corporations, as the case may be, and no liability or obligation shall be incurred by the authority or any other […]
Section 195-E:14 – Administration of Loans; No Discrimination.
195-E:14 Administration of Loans; No Discrimination. – I. The foundation, a qualified educational institution and a loan corporation shall have the full power and authority and be subject to all rights, responsibilities and liabilities for the administration of a loan program and for the distribution and collection of loans to qualified students or their […]
Section 195-E:15 – Exemption From Taxation.
195-E:15 Exemption From Taxation. – 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 […]
Section 195-E:15-a – Designation of Eligible Lender for Federally Guaranteed Student Loans.
195-E:15-a Designation of Eligible Lender for Federally Guaranteed Student Loans. – New Hampshire Higher Education Loan Corporation, a New Hampshire voluntary, nonprofit corporation, is hereby designated as "eligible lender" within the meaning of 20 U.S.C. section 1085(d)(1)(D), to enable it to provide a secondary market for federally guaranteed student loans. Furthermore, New Hampshire Higher […]
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 […]
Section 195-E:5 – Articles of Agreement.
195-E:5 Articles of Agreement. – The articles of agreement of a loan corporation shall contain the following: I. The name of the loan corporation, which shall clearly identify the qualified educational institution or institutions involved and shall contain the words "Loan Corporation"; II. The object for which the loan corporation is established; III. The […]