Law

RSA 35-A New Hampshire Municipal Bond Bank

New Hampshire · 35-A · statute

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The publisher does not state since when this version applies. Read on 2025-07-02.

Copy read on 2026-11-08 from the Internet Archive's copy of 2025-07-02, because the publisher's site refused Solon's reader. It is not the publisher's own copy. The archived copy it was read from

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Contents: 42 provisions
  1. 35-A:1 Declaration of Purpose.
  2. 35-A:2 Citation.
  3. 35-A:3 Definitions.
  4. 35-A:4 New Hampshire Municipal Bond Bank Established.
  5. 35-A:5 Loans of Money; State Not Liable.
  6. 35-A:6 General Powers.
  7. 35-A:7 Prohibited Acts.
  8. 35-A:8 Bonds and Notes of the Bank.
  9. 35-A:9 Terms of Agreement with Holders of Securities.
  10. 35-A:10 Effect of Pledge.
  11. 35-A:11 Reserve Fund.
  12. 35-A:12 Requests for Appropriations.
  13. 35-A:13 General Fund.
  14. 35-A:14 Additional Accounts.
  15. 35-A:15 Action Upon Default.
  16. 35-A:16 Directors and Agents Not Liable.
  17. 35-A:17 Bank Empowered.
  18. 35-A:18 Agreement by State.
  19. 35-A:19 Legal Investments.
  20. 35-A:20 Exemption from Taxes.
  21. 35-A:21 Exemption from Levy and Sale.
  22. 35-A:22 Insurance or Guaranty.
  23. 35-A:23 Authorization to Accept State Money.
  24. 35-A:24 Withholding of Moneys.
  25. 35-A:25 Conflicts in Statutes.
  26. 35-A:26 Report; Audits.
  27. 35-A:27 Additional Powers.
  28. 35-A:28 Undertakings of Financial Institutions.
  29. 35-A:29 Limitation Not Applicable; Contracts of Governmental Units; Terms of Bonds.
  30. 35-A:30 Waiver of Defenses; Rights of Holders.
  31. 35-A:31 Cooperation by State Agencies.
  32. 35-A:32 Agreements with Financial Institutions.
  33. 35-A:33 Application of Funds.
  34. 35-A:34 Effectuation of Purposes.
  35. 35-A:35 Form of Investments.
  36. 35-A:36 Authorization Conclusively Approved.
  37. 35-A:37 Liberal Construction.
  38. 35-A:38 Separability Clause.
  39. 35-A:39 Exemption for Bank Rules.
  40. 35-A:40 Public Utility Bonding.
  41. 35-A:41 Educational Institution Bonding.
  42. 35-A:42 Collective Municipal Economic Development Projects; Agreements.

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42 provisions

35-A:41 Educational Institution Bonding.

The bank shall have the authority to purchase, sell and hold educational institution bonds subject to the terms pursuant to RSA 195-F. Such purchase and sale of educational institution bonds shall be separate from the purchase and sale of municipal bonds under this chapter. All proceeds derived pursuant to RSA 195-F shall be maintained separately from the general fund and bond reserve fund established under this chapter. The bank's authority created under this chapter shall extend, wherever applicable, to the effective implementation of RSA 195-F. Source. 1982, 5:2, eff. Feb. 19, 1982.

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35-A:42 Collective Municipal Economic Development Projects; Agreements.

I. Any number of towns or cities may join collectively to exercise any rights available to a governmental unit under the provisions of this chapter, provided that such collective effort is limited to the raising of funds for economic development projects. For the purposes of this section "economic development projects" means existing or proposed projects designed in part to create, retain, or improve jobs within one or more of the towns or cities which collectively exercise any rights of a governmental unit under this chapter. II. Once any number of towns or cities join together for the purposes described in paragraph I, such combination shall be known as a multi-governmental unit. Any multi-governmental unit may enter into such written agreements as the respective governing bodies of the various towns and cities involved shall approve concerning valuation and distribution of the benefits intended by the economic development project. Source. 1993, 328:4, eff. Aug. 23, 1993.

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