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NEW HAMPSHIRE STATUTES AND CODES

Section 151-F:6 Compensation of Receiver; Recoupment of State Expenditures.


   I. The court shall set a reasonable compensation for the receiver that is consistent with the regulations of the department, and may require the receiver to furnish a bond. Such expenses shall be paid from the revenues of the facility.
   II. The state shall have a lien for any loan under RSA 151-F:4, VII upon the following property: the building in which the facility is located; the land on which the facility is located; and any fixtures, equipment or goods used in the operation of the facility. Such lien shall be prior to any mortgage or lien which the court finds has been executed or obtained for a fraudulent purpose or to hinder or delay creditors. Such lien shall also be prior to a mortgage or lien held by any person with an ownership interest in the facility; or any person which controls or has the ability to directly or indirectly control to any significant degree the management of policies of the licensee or the facility; or any person related to the licensee or to the facility by any significant degree of common ownership or common control. The receiver shall cause notice of any lien created hereunder to be duly filed.

Source. 2003, 264:1, eff. Jan. 1, 2004.

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