New Hampshire Statutes

§ 38-A:13 — Obligations

New Hampshire·Title III TOWNS, CITIES, VILLAGE DISTRICTS, AND UNINCORPORATED PLACES·Ch. 38-A MUNICIPAL TRANSIT AUTHORITY
Obligations of the authority other than certificates shall be payable from general funds of the authority and shall at no time be a charge against any special fund allocated to the payment of bonds except upon payment of current annual maturities and reserves thereof.

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Legislative History

1963, 278:1, eff. Sept. 1, 1963.

Nearby Sections

15
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