New Hampshire Statutes
§ 374-B:6 — Bonds and Notes Payable Solely From Certain Funds; Exclusion From Debt Limit
New Hampshire § 374-B:6
This text of New Hampshire § 374-B:6 (Bonds and Notes Payable Solely From Certain Funds; Exclusion From 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. § 374-B:6 (2026).
Text
The bonds and notes issued under this chapter shall be payable solely from the funds provided therefor hereunder, the liability of the municipality from other funds being limited to obligations undertaken by it to pay for the electricity used by it, and a statement to this effect shall be included on the face of such bonds and notes. The bonds and notes and such obligations shall not at any time be included in the debt of the municipality for the purpose of ascertaining its borrowing capacity.
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Legislative History
1975, 501:1, eff. June 24, 1975.
Nearby Sections
15
§ 374-B:1
Definitions§ 374-B:10
Investment Securities§ 374-B:11
Tax Exemption§ 374-B:12
Revenue Refunding Bonds§ 374-B:13
No Other Proceedings Required; Issuance of Bonds or Notes Under Other Authority Not Precluded§ 374-B:14
Payments in Lieu of Taxes§ 374-B:15
Applicability of Chapter§ 374-B:16
Severability§ 374-B:2
Authorization and Issuance of Bonds§ 374-B:3
Temporary Notes§ 374-B:5
Investment of Proceeds§ 374-B:7
Trust Funds§ 374-B:8
RemediesCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 374-B:6, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/374-B/374-B%3A6.