N.H. Admin. Code § Env-Wq 507.05 - Adjustments to Stipulated Interest Rate
(a) If the
applicable IUP provides that interest rates are subject to adjustment, then
prior to establishing the final repayment schedule in the SLA or allonge, as
applicable, the department shall compare the IUP interest rate stipulated in
the OLA or ILD, as applicable, with the rate at the time the SLA or allonge is
prepared and adjust the interest rate to be the lower of:
(1) The interest rate stipulated in the OLA
or ILD; or
(2) The interest rate at
the time the SLA or allonge is prepared.
Notes
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