Revision: Dec. 3, 2019, 9:44 a.m.
CHAPTER 57
HB 402 - FINAL VERSION
2019 SESSION
19-0446
10/01
HOUSE BILL 402
AN ACT relative to required notice of mortgage funding at a construction jobsite.
SPONSORS: Rep. Flanagan, Hills. 26
COMMITTEE: Commerce and Consumer Affairs
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ANALYSIS
This bill repeals a requirement that a mortgagor post at a construction jobsite the anticipated funding date for the construction mortgage requisition.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
19-0446
10/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nineteen
AN ACT relative to required notice of mortgage funding at a construction jobsite.
Be it Enacted by the Senate and House of Representatives in General Court convened:
57:1 Repeal. RSA 447:12-b, III, relative to the required posting of notice at a construction jobsite of the anticipated funding date of a construction mortgage requisition, is repealed.
57:2 Effective Date. This act shall take effect 60 days after its passage.
Approved: June 05, 2019
Effective Date: August 04, 2019