PUBLIC SAFETY AND WELFARE
BUSINESS FINANCE AUTHORITY REVENUE BONDS
162-I:5 Authority's Ownership, Possessory or Security Interest.
The authority's interest in the facility under a financing document may be that of owner, lessor, lessee, conditional or installment vendor, mortgagor, secured party or otherwise, but the authority need not have any ownership, possessory or security interest in the facility.
Source. 1975, 98:1. 1981, 213:5; 455:5, eff. June 23, 1981.