RSA 162-Y:4: Uses of Property So Acquired.
Where this section sits in the code
- Title XII: PUBLIC SAFETY AND WELFARE
- Chapter 162-Y: SURPLUS LAND REVITALIZATION PROGRAM
I. After acquiring state owned property through the procedure set forth in this chapter, the authority may develop such land and take any actions it deems necessary to further use or uses authorized by RSA 162-A:6, V, VI, VII, VIII, XIV, and XXIII.
II. The authority may lease, sell, or otherwise transfer property it acquires under this chapter if the tenant, purchaser, or transferee enters into a written agreement with the authority that the property will be used in a manner authorized by RSA 162-A:6, V, VI, VII, VIII, XIV, and XXIII. If any property so leased, sold, or transferred ceases to be used in such a manner, ownership and/or control of the property shall revert to the authority.
III. If the authority seeks to transfer the property to any third party for use or uses not authorized by RSA 162-A:6, V, VI, VII, VIII, XIV, and XXIII, the authority shall first offer to sell the property to the State of New Hampshire for an amount of compensation equal to that which the authority paid to acquire the property under RSA 162-Y:3.
Collected 2026-10-11T03:51:00Z. Source file · JSON