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RSA 382-A:9-806 · When Initial Financing Statement Suffices to Continue Effectiveness of Financing Statement
382-A:9-806 When Initial Financing Statement Suffices to Continue Effectiveness of Financing Statement. – (a)Initial financing statement in lieu of continuation statement. The filing of an initial financing statement in the office specified in Section 9-501 continues the effectiveness of a financing statement filed before this act takes effect if:
Copy linkthe filing of an initial financing statement in that office would be effective to perfect a security interest under Article 9 as amended by this act;
Copy linkthe pre-effective-date financing statement was filed in an office in another State; and
Copy linkthe initial financing statement satisfies subsection (c). (b)Period of continued effectiveness. The filing of an initial financing statement under subsection (a) continues the effectiveness of the pre-effective-date financing statement:
Copy linkif the initial financing statement is filed before this act takes effect, for the period provided in unamended Section 9-515 with respect to an initial financing statement; and
Copy linkif the initial financing statement is filed after this act takes effect, for the period provided in Section 9-515 as amended by this act with respect to an initial financing statement. (c)Requirements for initial financing statement under subsection (a). To be effective for purposes of subsection (a), an initial financing statement must:
Copy linksatisfy the requirements of Part 5 as amended by this act for an initial financing statement;
Copy linkidentify the pre-effective-date financing statement by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and
Copy linkindicate that the pre-effective-date financing statement remains effective. Source. 2012, 236:21, eff. July 1, 2013.
Copy linkSource note
Source. 2012, 236:21, eff. July 1, 2013.
Source history
- 2012, 236:21, eff. July 1, 2013
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installment sale, or other similar agreement to acquire use or ownership of such equipment as is from time to time required by the municipality. For purposes of this section and RSA 382-A, building or facility improvements related to the installation, purpose, or operation of such equipment shall be deemed to constitute equipment and the costs of such improvements may be financed through lease agreements
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V. Any mortgage, pledge, or security interest made by the authority under this chapter shall be valid and binding and shall be deemed continuously perfected for the purposes of RSA 382-A and all other laws from the time when the mortgage, pledge, or security interest is made. The property or revenues so mortgaged, pledged, or subjected to a security interest then held or thereafter acquired or received
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2026 HB1748-FN
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V. Any mortgage, pledge, or security interest made by the authority under this chapter shall be valid and binding and shall be deemed continuously perfected for the purposes of RSA 382-A and all other laws from the time when the mortgage, pledge, or security interest is made. The property or revenues so mortgaged, pledged, or subjected to a security interest then held or thereafter acquired or received
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2026 SB56
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rfected from the time when the security document is executed with or without any subsequent physical delivery or segregation of the money and without any filing or recording under RSA 382-A or otherwise] A pledge of property, revenues, or other collateral by the authority to secure the payment of principal or redemption price of, or interest on, any bonds, or any reimbursement or similar agreement with any