US Lawyer Database

Section 53-B:13 – Severability.

    53-B:13 Severability. – If any portion of this chapter or the application thereof to any person or circumstances is held invalid, such invalidity shall not affect other provisions or applications of the chapter which can be given effect without the invalid provisions or applications, and to this end the provisions of this chapter are […]

Section 53-B:14 – Existing Districts.

    53-B:14 Existing Districts. – Districts formed by municipalities under prior law shall continue to operate under the prior law and existing district agreements. A district may utilize any additional provisions of this chapter by amending its district agreement in accordance with the amendment process contained in its district agreement. Source. 1994, 367:14, eff. Aug. […]

Section 53-B:8-a – Capital Reserve Fund.

    53-B:8-a Capital Reserve Fund. – I. A district may establish a capital reserve fund for the orderly replacement and closure of any existing facility, including associated buildings and equipment, which has been approved under RSA 53-B:7, VI. The district committee shall invest all monies in said fund in the same manner as capital reserve […]

Section 53-B:9 – Adoption of Budget; Apportionment of Expenses.

    53-B:9 Adoption of Budget; Apportionment of Expenses. – Annually, the district committee shall determine the amounts necessary to be raised to maintain and operate the district during the next calendar year, and the amounts required for payment of debt and interest incurred by the district that will be due in the next year. The […]

Section 53-B:10 – Audits.

    53-B:10 Audits. – The district committee shall hire a certified public accountant or a public accountant licensed by the state under RSA 309-A:8 to conduct a financial audit, in accordance with generally accepted governmental auditing standards as adopted by the U.S. General Accounting Office and applicable state statutes, to be completed within 6 months […]

Section 53-B:12 – Tax Exemption.

    53-B:12 Tax Exemption. – All bonds and notes, and the interest thereon, heretofor or hereafter issued by a district formed under the provisions of RSA 53-B or of any general or special act, heretofor and hereafter enacted, shall be exempt from taxation in the state of New Hampshire. Source. 1994, 367:14, eff. Aug. 8, […]

Section 53-B:7 – Corporate Body; Powers.

    53-B:7 Corporate Body; Powers. – A solid waste management district, established under RSA 53-B:6, shall be a body politic and corporate and a political subdivision and public instrumentality of the state carrying out a public purpose and an essential governmental function with the following powers, which powers are subject to the provisions and limitations […]

Section 53-B:7-b – Project Financing.

    53-B:7-b Project Financing. – I. Bonds or notes issued pursuant to this chapter may be secured by any assets or revenues, or both, of the district. The district may mortgage a facility and grant security interests in such other assets or rights to receive money as the district committee may determine. Such bonds or […]