Add Formulas and Calculations Legal New Hampshire Secured Transactions Forms For Free

New Hampshire does not have a sales tax. New Hampshire has a 1.61 percent effective property tax rate on owner-occupied housing value. New Hampshire does not have an estate tax or inheritance tax. New Hampshire has a 23.83 cents per gallon gas tax rate and a $1.78 cigarette excise tax rate.

New Hampshire State Unemployment Tax & Rate Employers are also charged a surcharge tax called the Administrative Contribution (AC) rate, which is 0.4% for a total contribution of 2.1%. Rates can be reduced by any Fund Reduction or increased from any Emergency Power Surcharge in place for the applicable quarter.

A salaried employee in New Hampshire can work up to 40 hours in a standard workweek. If a salaried employee's work hours exceed 40, they are eligible for overtime compensation at 1.5 times their hourly rate.

A qualified financing statement should include: Debtor and secured party's name, Collateral describing, and. A creditor or other person authorized by the debtor in their security agreement files it.

A security agreement creates the security interest, making it enforceable between the secured party and the debtor. A UCC-1 financing statement neither creates a security interest nor does it alter its scope; it only gives notice of the security interest to third parties.

DO: Always use the Debtor's exact Legal Name and Address. The debtor's name should match what is listed on their legal license along with the correct address, or on the most recently filed corporate documents. Include the Lender's Name and Address. Provide a description of the collateral.

However, generally speaking, the primary ways for a secured party to perfect a security interest are: by filing a financing statement with the appropriate public office. by possessing the collateral. by "controlling" the collateral; or. it's done automatically when the security interest attaches.

In fact, it is sometimes called a UCC financing statement. A creditor files a UCC-1 to provide notice to interested parties that he or she has a security interest in a debtor's personal property. This personal property is being used as collateral in some type of secured transaction, usually a loan or a lease.

There are three requirements for attachment: (1) the secured party gives value; (2) the debtor has rights in the collateral or the power to transfer rights in it to the secured party; (3) the parties have a security agreement ?authenticated? (signed) by the debtor, or the creditor has possession of the collateral.