New Hampshire Statutes
§ 33-B:6 — Pledge of Revenues or Other Property
New Hampshire·Title III TOWNS, CITIES, VILLAGE DISTRICTS, AND UNINCORPORATED PLACES·Ch. 33-B MUNICIPAL REVENUE BONDS
Any pledge of revenues, contract or other rights to receive revenues, or the proceeds thereof made by a municipality under this chapter shall be valid and binding and shall be deemed continuously perfected for the purposes of the Uniform Commercial Code and other laws from the time when the pledge is made; the revenues, moneys, rights and proceeds so pledged and then held or thereafter acquired or received by the municipality shall immediately be subject to the lien of such pledge without any physical delivery or segregation thereof or further act; and the lien of such pledge shall be valid and binding against all parties having claims of any kind in tort, contract or otherwise against the municipality, irrespective of whether such parties have notice thereof. Neither the resolution, any t
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Legislative History
1988, 90:1, eff. June 17, 1988.
Nearby Sections
15
§ 33-B:1
Definitions§ 33-B:10
Investment Securities§ 33-B:11
Separate Funds§ 33-B:12
Trust Funds§ 33-B:13
Tax Exemption§ 33-B:14
Eligible Investments§ 33-B:2
Issuance of Revenue Bonds§ 33-B:3
Project Costs§ 33-B:5
Credit Facilities and Insurance§ 33-B:7
Enforcement of Rights§ 33-B:8
Refunding Bonds§ 33-B:9
Governmental Consents