{"data":{"id":"us-nh/rsa-481-8-a","jurisdiction":"us-nh","citation":"RSA 481:8-a","heading":"Municipal Obligations.","body":"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.","path":["Title L: WATER MANAGEMENT AND PROTECTION","Chapter 481: STATE DAMS, RESERVOIRS AND OTHER WATER CONSERVATION PROJECTS","General Provisions"],"source_url":"https://gc.nh.gov/rsa/html/L/481/481-8-a.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T16:35:30Z","sha256":"749d4abff639d034db5ce05f22bafe520e767bf08244ff893c6512f7714540f3","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-481-8","next":"us-nh/rsa-481-9"},"notice":"GroundRules: Original legal text. Not legal advice."}