New Hampshire Statutes

§ 31:12 — Amount; Debt Limit

New Hampshire § 31:12
JurisdictionNew Hampshire
Title IIITOWNS, CITIES, VILLAGE DISTRICTS, AND UNINCORPORATED PLACES
Ch. 31POWERS AND DUTIES OF TOWNS
SubdivisionEmergency Borrowing

This text of New Hampshire § 31:12 (Amount; Debt Limit) 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. § 31:12 (2026).

Text

Loans so effected shall not exceed the amount of the funds so lost or unavailable; and the proceeds thereof shall be held in lieu of such funds and applied to the same uses. The loans shall not be included in determining the authorized borrowing capacity of the municipality.

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Legislative History

1925, 1:1. PL 42:12. RL 51:12.

Nearby Sections

15
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Bluebook (online)
New Hampshire § 31:12, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/31/31%3A12.