N.H. Admin. Code § Ban 1450.05

Current through Register No. 50, December 12, 2024
Section Ban 1450.05 - Corporate Securities
(a) All bonds and notes authorized as legal investments for banks under RSA 383-B:303(d)(1), shall qualify as appropriate and acceptable collateral for public funds.
(b) Notwithstanding the provisions of RSA 383-B:303(d)(1), convertible bonds not rated among the 3 highest ratings of any NRSRO shall not qualify as acceptable collateral for public funds.

N.H. Admin. Code § Ban 1450.05

#5221 (Emergency) eff 9-6-91, EXPIRED 1-7-92; #5307, eff 1-9-92, EXPIRED 5-8-92 (Int 91-9)

New. #5465, eff 9-8-92, EXPIRED: 9-8-98

New. #6961, eff 3-25-99, EXPIRED: 3-25-07

New. #9187, eff 6-24-08, INTERIM, EXPIRED: 12-21-08

New. #9557, eff 10-3-09

Amended by Volume XXXVI Number 01, Filed January 7, 2016, Proposed by #10997, Effective 12/23/2015, Expires 6/20/2016.
Amended by Volume XXXVI Number 23, Filed June 9, 2016, Proposed by #11113, Effective 6/1/2016, Expires 6/1/2026.