New Hampshire § 374-C:2 Definitions

New Hampshire Statutes

§ 374-C:2 — Definitions

New Hampshire § 374-C:2

Title XXXIVPUBLIC UTILITIES

Ch. 374-CPUBLIC UTILITY BOND FINANCING

This text of New Hampshire § 374-C:2 (Definitions) 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-C:2 (2026).

Text

The following words or terms as used in this chapter shall have the following meanings unless a different meaning clearly appears from the context:

I."Chapter" means this New Hampshire public utility bond financing chapter.

II."Bank" means the New Hampshire municipal bond bank created and established by RSA 35-A:4.

III."Bonds" means bonds of the bank issued pursuant to this chapter.

IV."Fully marketable form" means a public utility bond duly executed and accompanied by such opinion of counsel and other documentation as is customary in the field of public utility financing, provided that the public utility bond so executed need not be printed or lithographed nor be in more than one denomination.

V."Notes" means any notes of the bank issued pursuant to this chapter.

VI."Public utility"

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The following words or terms as used in this chapter shall have the following meanings unless a different meaning clearly appears from the context:
I. "Chapter" means this New Hampshire public utility bond financing chapter.
II. "Bank" means the New Hampshire municipal bond bank created and established by RSA 35-A:4.
III. "Bonds" means bonds of the bank issued pursuant to this chapter.
IV. "Fully marketable form" means a public utility bond duly executed and accompanied by such opinion of counsel and other documentation as is customary in the field of public utility financing, provided that the public utility bond so executed need not be printed or lithographed nor be in more than one denomination.
V. "Notes" means any notes of the bank issued pursuant to this chapter.
VI. "Public utility" means any corporation, company, association, joint stock association, partnership or person within the state which owns, operates or manages any plant or equipment for the manufacture or furnishing of light, heat, power or water for the public, or in the generation, transmission or sale of energy ultimately sold to the public and which is regulated by the New Hampshire public utilities commission. For the purposes of this chapter, any limited electrical energy producer subject to RSA 362-A shall be considered a public utility eligible for the receipt of financial assistance under this chapter. This chapter expressly includes non-generating electric utilities regulated by the New Hampshire public utilities commission.
VII. "Public utility bond" or "utility bond" means a bond or note or evidence of debt issued by a public utility and payable from rates, charges or other revenue, but shall not include any bond or note or evidence of debt issued by any other state or any public body or public utility thereof.
VIII. "Public utility general fund" means the fund created or established as provided in RSA 374-C:6.
IX. "Public utility reserve fund" means any of the public utility bond reserve funds created or established as provided in RSA 374-C:5.
X. "Revenues" means all fees, charges, moneys, profits, payments of principal of or interest on utility bonds and other investments, gifts, grants, contributions, appropriations and all other income derived or to be derived by the bank under this chapter.