New Hampshire § 621:4 Duties Relative to Property

New Hampshire Statutes

§ 621:4 — Duties Relative to Property

New Hampshire·Title LX CORRECTION AND PUNISHMENT·Ch. 621 YOUTH DEVELOPMENT CENTER

With the approval of the fiscal committee, the department shall be authorized to take, hold, and manage, in trust for the state, lands, money, or other property granted, devised, or bequeathed for the use of the center, and to sell and convey the lands, money, or other property and to invest the proceeds therefrom in such investments as are legal for New Hampshire savings banks or in the physical plant of the center.

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With the approval of the fiscal committee, the department shall be authorized to take, hold, and manage, in trust for the state, lands, money, or other property granted, devised, or bequeathed for the use of the center, and to sell and convey the lands, money, or other property and to invest the proceeds therefrom in such investments as are legal for New Hampshire savings banks or in the physical plant of the center.

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