New Hampshire Statutes
§ 35-A:40 — Public Utility Bonding
New Hampshire·Title III TOWNS, CITIES, VILLAGE DISTRICTS, AND UNINCORPORATED PLACES·Ch. 35-A NEW HAMPSHIRE MUNICIPAL BOND BANK
The bank shall have the authority to purchase, sell and hold public utility bonds subject to the terms pursuant to RSA 374-C. Such purchase and sale of public utility bonds shall be separate from the purchase and sale of municipal bonds under this chapter. All proceeds derived pursuant to RSA 374-C shall be maintained separately from the general fund and bond reserve fund established under this chapter. The bank's authority created under this chapter shall extend, wherever applicable, to the effective implementation of RSA 374-C.
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Legislative History
1979, 498:3, eff. Sept. 4, 1979.
Nearby Sections
15
§ 35-A:1
Declaration of Purpose§ 35-A:10
Effect of Pledge§ 35-A:11
Reserve Fund§ 35-A:12
Requests for Appropriations§ 35-A:13
General Fund§ 35-A:14
Additional Accounts§ 35-A:15
Action Upon Default§ 35-A:16
Directors and Agents Not Liable§ 35-A:17
Bank Empowered§ 35-A:18
Agreement by State§ 35-A:19
Legal Investments§ 35-A:2
Citation§ 35-A:20
Exemption from Taxes§ 35-A:21
Exemption from Levy and Sale§ 35-A:22
Insurance or Guaranty