New Hampshire Statutes
§ 481:8-a — Municipal Obligations
New Hampshire § 481:8-a
JurisdictionNew Hampshire
Title LWATER MANAGEMENT AND PROTECTION
Ch. 481STATE DAMS, RESERVOIRS AND OTHER WATER CONSERVATION PROJECTS
SubdivisionGeneral Provisions
This text of New Hampshire § 481:8-a (Municipal Obligations) 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. § 481:8-a (2026).
Text
The obligations of a political subdivision consisting of a municipality as defined in RSA 33:1 in a contract with the department under this chapter shall be binding on such municipality to the same extent as other debts lawfully contracted by it and said municipality shall annually appropriate a sum which together with any other funds available therefor shall be sufficient to pay such obligations; provided, however, no such obligation shall at any time be deemed indebtedness of such municipality for the purpose of ascertaining its borrowing capacity under the provisions of RSA 33:5-a or any other limitation upon its borrowing capacity.
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Legislative History
1965, 105:1. 1986, 202:6, I(k). 1996, 228:106, eff. July 1, 1996.
Nearby Sections
2
§ 481:8
Contracts§ 481:8-a
Municipal ObligationsCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 481:8-a, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/481/481%3A8-a.