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New Hampshire · Through 2025 regular legislative session, or December 2025

RSA 374-D:7: Bonds and Notes Payable Solely From Certain Funds.

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Where this section sits in the code
  1. Title XXXIV: PUBLIC UTILITIES
  2. Chapter 374-D: MUNICIPAL SMALL SCALE POWER FACILITY BONDS

If bonds and notes are issued under this chapter which are not secured by the full faith and credit and the taxing power of the municipality, such bonds or notes shall be payable solely from the funds provided for such bonds and notes under this chapter. The liability of the municipality from other funds is limited to obligations undertaken by the municipality to pay for the electricity used by the municipality, and a statement to this effect shall be included on the face of such bonds and notes.

Collected 2026-09-05T15:40:52Z. Source file · JSON

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