2013 New Hampshire Revised Statutes
Title XII - PUBLIC SAFETY AND WELFARE
Chapter 162-G - ACQUISITION, DEVELOPMENT AND DISPOSAL OF INDUSTRIAL LAND AND FACILITIES
Section 162-G:12-a - Covenants With Bondholders.


NH Rev Stat § 162-G:12-a (2013) What's This?

    162-G:12-a Covenants With Bondholders. – The governmental unit, by resolution of its governing body, may covenant with holders of its bonds, issued under this chapter, in such manner and to such extent as the governing body deems necessary, that the governmental unit will act in such a way as to preserve, or refrain from acting in such a way as to defeat, any exemption from federal income tax which may be applicable with respect to interest on such bonds at the time when they are issued.

Source. 1975, 481:10. 2000, 161:2, eff. July 22, 2000.


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