FAQ regarding HB 1243 and RSA 361-A relating to retail installment sales of motor vehicles has been updated with more questions

HB 1243, which repealed and reenacted RSA 361-A, was signed into law on August 2, 2024. The new provisions of RSA 361-A went into effect upon signing. The New Hampshire Banking Department has compiled an ongoing FAQ comprised of questions the Banking Department has been asked about the specific provisions found in the new RSA 361-A.

New questions and answers have been added to the FAQ, which can be found at the top of the Motor Vehicle Retail Seller and Sales Finance Companies page, linked here.