As used in this chapter, the following terms shall have the following meanings:
I. “Carryforward purpose” shall have the meaning given to it in section 146(f)(5) of the code.

Terms Used In New Hampshire Revised Statutes 162-M:1

  • Business finance authority: means the business finance authority of the state of New Hampshire established by N. See New Hampshire Revised Statutes 162-M:1
  • Code: means the United States Internal Revenue Code of 1986, as amended. See New Hampshire Revised Statutes 162-M:1
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13
  • Housing finance authority: means the New Hampshire housing finance authority established by N. See New Hampshire Revised Statutes 162-M:1
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Private activity bond: shall have the meaning given to it in section 141(a) of the code. See New Hampshire Revised Statutes 162-M:1
  • state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
  • United States: shall include said district and territories. See New Hampshire Revised Statutes 21:4

II. “Code” means the United States Internal Revenue Code of 1986, as amended.
III. “Housing bond” means a qualified mortgage bond as defined in section 143(a)(1) of the code or an exempt facility bond for a qualified residential rental project as those terms are defined in sections 142(a)(7) and 142(d)(1) of the code, respectively.
IV. “Housing finance authority” means the New Hampshire housing finance authority established by N.H. Rev. Stat. § 204-C:2.
V. “Business finance authority” means the business finance authority of the state of New Hampshire established by N.H. Rev. Stat. § 162-A:3.
VI. “Issuer” means any state or local governmental unit, agency, authority or instrumentality, or any nonprofit or public corporation, authorized to issue private activity bonds or bonds which would be private activity bonds unless an allocation of state ceiling under section 146 of the code is made to such bonds.
VII. “Private activity bond” shall have the meaning given to it in section 141(a) of the code. The use of such term in this chapter is for reference purposes only and shall not imply that the state has determined that any obligation issued as a private activity bond under the code will not serve a public use or provide a public benefit.