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2021 New Hampshire Revised Statutes
Title III - Towns, Cities, Village Districts, and Unincorporated Places
Title 34 - Capital Reserve Funds for Cities
Section 34:4 - Limitations on Appropriations.
Universal Citation: NH Rev Stat § 34:4 (2021)
34:4 Limitations on Appropriations. –
No city shall raise and appropriate or transfer from any of its unencumbered surplus funds in any one year for such reserves a total amount in excess of 1/4 of one percent of the last assessed valuation of the city.
Source. 1949, 181:4, eff. May 3, 1949.
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