There is a newer version of the New Hampshire Revised Statutes
2015 New Hampshire Revised Statutes
Title XVII - HOUSING AND REDEVELOPMENT
Chapter 204-C - HOUSING FINANCE AUTHORITY
Section 204-C:77 - Subrogation and Order of Payment.
NH Rev Stat § 204-C:77 (2015) What's This?
204-C:77 Subrogation and Order of Payment. – Whenever the authority pays to a lender any sum in discharge of the state's liability as guarantor under this section, the authority shall be to that extent subrogated to the lender's right, title and interest in any security pledged to the loan. Amounts received by the authority to discharge the state's guarantee shall be returned to the treasury less any costs incurred in collection.
Source. 1989, 411:3, eff. July 1, 1989.
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