Section 195-D:23 – Act Cumulative; No Notice Required.
195-D:23 Act Cumulative; No Notice Required. – Neither this chapter nor anything herein contained is or shall be construed as a restriction or limitation upon any powers which the New Hampshire health and education facilities authority might otherwise have under any laws of this state, and this chapter is cumulative of any such powers. […]
Section 195-D:24 – Act Liberally Construed.
195-D:24 Act Liberally Construed. – This chapter, being necessary for the welfare of the state and its inhabitants, shall be liberally construed so as to effect its purposes. Source. 1969, 318:1, eff. Aug. 29, 1969.
Section 195-D:13 – Trust Funds.
195-D:13 Trust Funds. – All moneys received pursuant to the authority of this chapter whether as proceeds from the sale of bonds or as revenues, are trust funds to be held and applied solely as provided in this chapter. Any officer with whom, or any bank or trust company with which, such moneys are […]
Section 195-D:14 – Remedies.
195-D:14 Remedies. – Any holder of revenue bonds issued under the provisions of this chapter or of any of the coupons appertaining thereto, and the trustee or trustees under any trust agreement, except to the extent the rights herein given may be restricted by any such resolution authorizing the issuance of, or any such […]
Section 195-D:15 – Exemption From Taxation; Payments in Lieu of Taxes.
195-D:15 Exemption From Taxation; Payments in Lieu of Taxes. – The exercise of the powers granted by this chapter will be in all respects for the benefit of the people of the state, for the increase of their commerce, welfare and prosperity, and for the improvement of their health and living conditions, and will […]
Section 195-D:16 – Revenue Refunding Bonds.
195-D:16 Revenue Refunding Bonds. – I. The corporation is authorized to provide for the issuance of its revenue bonds for the purpose of refunding any revenue bonds of the corporation then outstanding, including the payment of any redemption premium thereon and any interest accrued or to accrue to the earliest or subsequent date of […]
Section 195-D:17 – Bonds Eligible for Investment.
195-D:17 Bonds Eligible for Investment. – Bonds issued by the corporation under the provisions of this chapter are securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, trust companies, banking associations, credit unions, building and loan associations, investment companies, executors, administrators, trustees and other […]
Section 195-D:18 – Biennial Report and Audit.
195-D:18 Biennial Report and Audit. – I. Within 4 months after the close of the second fiscal year of the corporation and biennially thereafter, it shall make a report to the governor and council of its activities for both preceding fiscal years and such report shall set forth a complete operating and financial statement […]
Section 195-D:19 – Source of Payment of Expenses.
195-D:19 Source of Payment of Expenses. – All expenses incurred in carrying out the provisions of this chapter shall be payable solely from funds provided under the authority of this chapter and no liability or obligation shall be incurred by the corporation under this chapter, beyond the extent to which moneys shall have been […]
Section 195-D:20 – State Not Liable.
195-D:20 State Not Liable. – The state is not liable for the payment of the principal of or interest on any bonds of the corporation, or for the performance of any pledge, mortgage, obligation or agreement of any kind whatsoever which may be undertaken by the corporation, and none of the bonds of the […]