N.H. Admin. Code § Env-Wq 507.09

Current through Register No. 50, December 12, 2024

Section Env-Wq 507.09 - Allonge

(a) Upon completion of a project by a non-governmental recipient, the department shall:

(1) Prepare an allonge to reflect actual project expenditures and to establish:

a. The loan term selected by the recipient and the corresponding interest rate; and

b. The loan repayment schedule based on the final project cost; and

(2) Transmit the allonge to:

a. The SRF attorney for review; and

b. The recipient, who shall review and sign it.

(b) Upon receipt of a signed allonge, the department shall sign the allonge and send a copy thereof to the recipient.

N.H. Admin. Code § Env-Wq 507.09

Derived From Volume XXXV Number 49, Filed December 10, 2015, Proposed by #10984, Effective 12/1/2015, Expires12/1/2025.

Amended by Number 2, Filed January 12, 2023, Proposed by #13511, Effective 12/20/2022, Expires 12/20/2032.