RSA 162-S:12 · Selection of Authority Bond Program Administrator

162-S:12 Selection of Authority Bond Program Administrator. –
After the initial designated members have been appointed pursuant to RSA 162-S:3, II, the business finance authority may select a qualified firm to assist in the carrying out of the powers of the authority and the administration of the business of the authority conferred by this chapter. The selection of such firm shall be pursuant to a process approved by the board of directors of the business finance authority and such firm shall serve on such financial terms as shall be approved by board of directors of the business finance authority. At the conclusion of the initial term of service of such firm, the business finance authority shall determine whether, and on what terms, to engage any firm to provide any such services.
Source. 2018, 331:1, eff. June 25, 2018.