New Hampshire Statutes
§ 124:3 — Debt Limitations
New Hampshire·Title IX ACQUISITION OF LANDS BY UNITED STATES; FEDERAL AID·Ch. 124 FEDERAL AID·Subdivision Highways and Other Public Works
Cities, towns, school districts, precincts, and counties, upon the approval of the commissioner of revenue administration, may make application to the governor and council for authority to exceed existing debt limitations for the purpose of taking advantage of such grants or aid as may be offered them by the United States government. The governor and council may grant to cities, towns, school districts, precincts, and counties authority to exceed existing debt limitations to such extent and in such amounts as they may deem prudent and advisable. In granting such authority the governor and council may prescribe the terms and conditions upon which such debt limitations may be exceeded.
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Legislative History
1933, 162:4. RL 6:4. RSA 124:3. 1973, 544:8, eff. Sept. 1, 1973.
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
Separate Account Required