The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject a secured party to liability in contract or tort for the debtor’s acts or omissions. Source. 2001, 102:25, eff. July 1, 2001.

This legal document, governed by the Uniform Commercial Code (Chapter 382-A) in the New Hampshire Revised Statutes, pertains to agreements between account debtors and assignors. It states that an agreement not to assert against an assignee any claim or defense that the account debtor may have against the assignor is enforceable by an assignee under certain conditions. The assignee must take the assignment for value, in good faith, without notice of a claim of a property or possessory right to the assigned property, and without notice of a defense or claim in recoupment.

This section of the New Hampshire Revised Statutes, specifically the Uniform Commercial Code (Chapter 382-A), governs the rights acquired by an assignee and the claims and defenses that can be made against the assignee. The rights of an assignee are subject to the terms, claims, and defenses of the agreement between the account debtor and assignor, as well as any other defense or claim of the account debtor against the assignor that arises before the account debtor receives a notification of the assignment.

This legal document, found in the New Hampshire Revised Statutes under the Uniform Commercial Code, discusses the effect of modifying or substituting an assigned contract. It states that a modification or substitution is effective against an assignee if made in good faith. The assignee acquires corresponding rights under the modified or substituted contract. However, the document specifies that this subsection is subject to certain conditions. It applies when the right to payment under an assigned contract has not been fully earned or when the right to payment has been fully earned but the account debtor has not been notified of the assignment.

This section of the New Hampshire Revised Statutes, specifically the Uniform Commercial Code (Chapter 382-A), governs the discharge of account debtors, notification of assignment, identification and proof of assignment, and restrictions on the assignment of accounts, chattel paper, payment intangibles, and promissory notes. It establishes that an account debtor can discharge its obligation by paying the assignor until it receives a notification signed by the assignor or assignee stating that the amount due has been assigned and payment should be made to the assignee.

This legal document, part of the New Hampshire Revised Statutes under the Uniform Commercial Code, governs the restrictions on the creation or enforcement of security interests in leasehold interests or in the lessor’s residual interest. It states that a term in a lease agreement is generally ineffective if it prohibits, restricts, or requires consent for the assignment, transfer, creation, attachment, perfection, or enforcement of a security interest in a party’s interest under the lease contract or in the lessor’s residual interest in the goods.

This legal document, part of the New Hampshire Revised Statutes, specifically the Uniform Commercial Code (Chapter 382-A), governs the restrictions on the assignment of promissory notes, health-care-insurance receivables, and certain general intangibles. It states that any term in a promissory note or agreement that prohibits, restricts, or requires consent for the assignment or transfer of these assets is ineffective to the extent that it impairs the creation, attachment, or perfection of a security interest or provides that the assignment or transfer may give rise to default, breach, or other remedies.

This legal document, part of the New Hampshire Revised Statutes under the Uniform Commercial Code, addresses the restrictions on the assignment of letter-of-credit rights. It states that any term in a letter of credit or any rule of law, statute, regulation, custom, or practice that prohibits, restricts, or requires consent for the assignment of or creation of a security interest in a letter-of-credit right is ineffective to the extent that it impairs the creation, attachment, or perfection of a security interest or provides grounds for default, breach, claim, or termination under the letter-of-credit right.

This legal document pertains to the filing of financing statements to perfect security interests or agricultural liens. It specifies the filing offices based on the local law of the state. If the collateral is as-extracted collateral or timber to be cut, or if the financing statement is filed as a fixture filing and the collateral is goods that are or are to become fixtures, the filing should be made at the office designated for filing or recording a record of a mortgage on the related real property.

This legal document, part of the New Hampshire Revised Statutes under the Uniform Commercial Code, governs the sufficiency and requirements of financing statements and record of mortgages as financing statements. A financing statement is considered sufficient if it includes the name of the debtor, the name of the secured party or their representative, and indicates the collateral covered. However, for financing statements related to real property, additional requirements must be met, such as indicating the type of collateral, filing in the real property records, providing a description of the real property, and including the name of a record owner if the debtor has no interest of record.