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2016 New Hampshire Revised Statutes
Title XXXIV - PUBLIC UTILITIES
Chapter 374-B - MUNICIPAL ELECTRIC REVENUE BONDS
Section 374-B:5 - Investment of Proceeds.

NH Rev Stat § 374-B:5 (2016) What's This?
    374-B:5 Investment of Proceeds. – Subject to the trust, agreement or resolution, the proceeds of bonds or notes issued under this chapter and any other moneys governed by the trust agreement or resolution may be deposited or invested in demand deposits, time deposits or savings deposits in banks which are members of the Federal Deposit Insurance Corporation or in obligations issued or guaranteed by the United States or by any agency or instrumentality thereof or as may be provided by any other applicable law.

Source. 1975, 501:1, eff. June 24, 1975.

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