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2019 New Hampshire Revised Statutes
Title XXXIV - Public Utilities
Chapter 369 - Issuance of Stock and Other Securities; General Provisions
Section 369:11 - Application of Proceeds.
Universal Citation: NH Rev Stat § 369:11 (2019)
369:11 Application of Proceeds. –
No public utility shall apply the proceeds of any stock, bonds or notes to any other purpose than those specified in the order of the commission authorizing the issue of the same.
Source. 1911, 164:14. 1913, 145:14. 1917, 76:6. PL 241:12. RL 291:13. 1951, 203:45 par. 11, eff. Sept. 1, 1951.
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