RSA 361-A:20 Requirements and Prohibitions as to Servicing.
Title: XXXIII-A - RETAIL INSTALLMENT SALES
Chapter: 361-A - RETAIL INSTALLMENT SALES OF MOTOR VEHICLES
I. The borrower shall receive a notice of assignment from both the current and future holder of the retail installment contract within 15 days of the assignment.
II. Unless the buyer has notice of the assignment of the contract, payment thereunder made by the buyer to the last known holder of such contract shall be binding upon all subsequent holders.
III. When a buyer pays off a retail installment contract, the licensee shall:
(a) Within 10 days after demand and, in any event, within 21 calendar days of the payoff, release the lien and provide the title or equivalent paperwork to obtain title; and
(b) Not charge additional fees to the borrower to remove additional equipment after payoff.
IV. Within 5 business days of receipt of written request from the