New Hampshire Statutes
§ 195:11-a — Capital Reserves and Cash Balances
New Hampshire § 195:11-a
This text of New Hampshire § 195:11-a (Capital Reserves and Cash Balances) 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. § 195:11-a (2026).
Text
When all of the functions of a school district are to be assumed by a cooperative district the balance of any capital reserve fund established by a school district and any cash balance in the hands of the treasurer or money due the district at the time of establishment of the cooperative district less any outstanding bills or debts other than long term indebtedness which is to become the obligation of the cooperative district, shall be used as a credit against the cooperative district assessment to be raised by the pre-existing district for the first year of operation or may be spread over a period of not more than 5 years as the voters of the pre-existing school district shall determine at either any annual meeting or a special school district meeting called for that purpose prior to the
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Legislative History
1955, 334:2, eff. Aug. 5, 1955.
Nearby Sections
2
§ 195:11
Continuance of Trust Funds§ 195:11-a
Capital Reserves and Cash BalancesCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 195:11-a, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/195/195%3A11-a.