N.H. Code Admin. R. Res 8404.04 - Terms of Ownership
(a) No equipment
previously purchased through the grant-in-aid program shall be sold or traded
by a grantee except as follows:
(1) For class
1 or 2 equipment previously purchased through the GIA program, the club may
sell or trade the equipment, and the state shall no longer claim any interest
in the machine and its disposal if the equipment has been in the possession of
the club for 7 years from the date of the purchase;
(2) For any equipment that was in new
condition when purchased through the GIA program and not subject to (1) above,
the club may sell or trade the equipment, and the state shall no longer claim
any interest in the machine and its disposal if:
a. The equipment has been in the possession
of the club for 7 years from the date of purchase; and
b. The equipment has had 3000 hours of
operation;
(3) For any
equipment that was in used condition when purchased through the GIA program and
not subject to (1) above, the club may sell or trade the equipment, and the
state shall no longer claim any interest in the machine and its disposal if:
a. The equipment has been in the possession
of the club for 5 years from the date of purchase; and
b. The equipment has had 1300 hours of
operation;
(4) For any
trail grooming or maintenance implements purchased through the GIA program, the
club may sell or trade the implement and the state shall no longer claim an
interest in the property if the implement has been in the possession of the
club for 7 years from the date of purchase;
(5) If (1), (2), (3), and (4) above do not
apply, and the equipment is no longer being used to provide trail maintenance
or grooming services on trails used by the general public, then the club may
sell the property provided that upon receipt of the sale proceeds the club
shall return funds to the bureau in the same proportion as the bureau funded
the initial purchase price;
(6) For
any equipment owned by a club that ceases to participate in the GIA program,
maintain public trails, disbands without reforming, or disbands without being
absorbed into another participating organization, and to which (1) through (5)
do not apply, the club shall:
a. Give the
bureau the first opportunity to purchase the equipment for the non-GIA
proportion of the equipment's value; and
b. If the bureau does not purchase the
property pursuant to (a) above, reimburse the GIA program a portion of the sale
price in the same proportion as the bureau funded the initial sale
price;
(7) If a piece of
equipment is replaced in violation of (1) through (6), above, then the
replacement equipment shall be subject to the same terms and conditions set
forth upon the original grant funded equipment for the remainder of the time
period during which the club could not sell or trade that equipment without
further violating 8404.04;
(b) The State of New Hampshire shall retain
an interest in the form of a lien on any and all equipment purchased through
the grant-in-aid program. The Bureau shall file a financing statement with the
Secretary of State pursuant to RSA 382-A:9. The financing statement shall:
(1) Describe the equipment subject to the
lien;
(2) Identify the club that
owns the equipment; and
(3)
Identify the State of New Hampshire as the secured party.
Notes
#2221, eff 12-23-82; ss by #2979, eff 2-21-85; ss by #4391-a, eff 3-30-88; ss by #5698, eff 9-7-93, EXPIRED 9-7-99
New. #7238, eff 5-1-00, EXPIRED: 5-1-08
New. #9195, INTERIM, eff 6-27-08, EXPIRES: 12-24-08; ss by #9350, eff 12-24-08
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