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NEW HAMPSHIRE STATUTES AND CODES

Section 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 essential governmental function. Neither the authority nor the loan corporations shall be required to pay any taxes or assessment upon the activities of the authority or the loan corporations or their agents in the administration and operation of loan programs pursuant to this chapter.

Source. 1981, 229:1, eff. Aug. 10, 1981.

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