RSA 369-B:7 Security Interests in RRB Property.

Title: XXXIV - PUBLIC UTILITIES Chapter: 369-B - ELECTRIC RATE REDUCTION FINANCING AND COMMISSION ACTION

I. To the extent the provisions of this section conflict with Article 9 of RSA 382-A, this section shall apply.
II. A security interest in RRB property is valid, is enforceable against the pledgor and third parties, subject to the rights of any third parties holding security interests in the RRB property perfected in the manner described in this section, and attaches when all of the following have taken place:
(a) A finance order authorizing the RRB charge included in the RRB property has become effective in accordance with this chapter.
(b) Value has been given by the pledgees of the RRB property.
(c) The pledgor has signed a security agreement covering the RRB property.
III. A valid and enforceable security interest in RRB property is perfected when i

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