Section 477:52 Funding of Loans at Real Estate Closings. - New Hampshire Statutes

The funds provided by a mortgagee to fund a loan secured by real estate at a real estate closing shall be in the form of:
   I. Cash;
   II. Wired funds or electronic transfer;
   III. Certified check;
   IV. Checks issued by a governmental entity or instrumentality;
   V. Any transfer of funds by check or otherwise that are finally collected and unconditionally available to the settlement agent;
   VI. Checks or other drafts drawn by a state-chartered or federally-chartered financial institution;
   VII. Checks or other drafts drawn by a state-chartered or federally-chartered credit union;
   VIII. Checks issued by an insurance company licensed and regulated by the department of insurance; or
   IX. Cashier's check, teller's check, or treasurer's check.

Source. 1999, 88:3, eff. Jan. 1, 2000.