Section 162-G:10 – Action by the Governmental Unit.
162-G:10 Action by the Governmental Unit. – I. Action under this chapter may be in concert with the business finance authority acting under RSA 162-A, or projects may be sold to such authority at any time during their development. Business and industrial facilities may be located outside the boundaries of the governmental unit or […]
Section 162-G:11 – Trust Funds.
162-G:11 Trust Funds. – All moneys received or held pursuant to a lease or a trust indenture shall be deemed to be trust funds to be held and applied solely in accordance with the lease or the trust indenture. Source. 1972, 57:1, eff. May 26, 1972.
Section 162-G:12 – Bonds Exempt From Taxation.
162-G:12 Bonds Exempt From Taxation. – All bonds and the interest thereon shall be exempt from taxation in the state of New Hampshire. Source. 1972, 57:1, eff. May 26, 1972.
Section 162-G:12-a – Covenants With Bondholders.
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 […]
Section 162-G:13 – Repealed by 1975, 481:13, eff. Aug. 22, 1975.
162-G:13 Repealed by 1975, 481:13, eff. Aug. 22, 1975. –
Section 162-G:14 – Tax Exemption.
162-G:14 Tax Exemption. – Any business and industrial facility while owned by a governmental unit or by a voluntary, nonprofit corporation acting in behalf of the governmental unit is declared to be public property and shall be exempt from all taxes and special assessments of the state or any political subdivision thereof; provided, that […]
Section 162-G:15 – Voluntary Nonprofit Corporations; Authorities.
162-G:15 Voluntary Nonprofit Corporations; Authorities. – Any voluntary, nonprofit corporation or association formed under RSA 292:1 for the purpose of taking advantage of this chapter shall be a body politic and corporate constituting a public corporation. The governmental unit may loan money to such corporation or association or an authority established under RSA 162-G:15-a, […]
Section 162-G:15-a – Action Through Business and Industrial Development Authority.
162-G:15-a Action Through Business and Industrial Development Authority. – I. The powers and duties granted by this chapter, unless otherwise expressly provided in this chapter, may be exercised by one or more governmental units acting through one or more business and industrial development authorities established under this section. II. The legislative bodies in one […]
Section 162-G:16 – Construction and Effect of Other Laws.
162-G:16 Construction and Effect of Other Laws. – I. The powers conferred by this chapter are supplemental and alternative to other powers conferred by law, and this chapter is intended to be an independent and comprehensive conferral of powers to accomplish the purposes set forth in RSA 162-G:2. II. No notice, proceedings, or approval […]
Section 162-G:17 – Water Facilities.
162-G:17 Water Facilities. – I. Any municipality or other political subdivision enabled to adopt the provisions of RSA 162-G may, by similar action, adopt the provisions of this section. Any such municipality or other political subdivision which adopts the provisions of this section may engage in projects under RSA 162-G which have as their […]