New Hampshire Statutes
§ 124:16 — Funds Set Aside
New Hampshire § 124:16
JurisdictionNew Hampshire
Title IXACQUISITION OF LANDS BY UNITED STATES; FEDERAL AID
Ch. 124FEDERAL AID
SubdivisionAudits of Federal Grants
This text of New Hampshire § 124:16 (Funds Set Aside) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.H. Rev. Stat. Ann. § 124:16 (2026).
Text
Every state department, board, institution, commission or agency which receives federal funds shall set aside an amount equal to the rate approved in the statewide indirect cost plan of the funds received. The amount set aside shall be used to pay for financial and compliance audits as required by the federal government or by state statute.
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Legislative History
1983, 469:84. 2008, 177:15, eff. June 11, 2008.
Nearby Sections
15
§ 124:1
Authority for Seeking Aid§ 124:11-a
Federal Proposals; Indirect Costs§ 124:13
Departments to Submit Plan§ 124:13-a
Disbursement of Energy Overcharge Funds§ 124:13-b
Disbursement of Tobacco-Related Funds§ 124:13-c
Workforce Investment Act Funds§ 124:14
Estimated Federal Funds§ 124:15
Positions Restricted§ 124:15-a
Motorcycle-Only Roadside Checkpoints§ 124:16
Funds Set Aside§ 124:17
Use Restricted§ 124:18
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Bluebook (online)
New Hampshire § 124:16, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/124/124%3A16.