New Hampshire Revised Statutes 38-B:4 – Powers and Duties
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A regional transit district established under this chapter shall be a body corporate and politic and shall have the following powers and duties:
I. To adopt a name and corporate seal.
II. To sue or be sued, but only to the extent and upon the same conditions that a city or town may be sued.
III. To purchase, hold, lease, or use real or personal property for the purposes of operating a public transit system, and to dispose of property by sale, lease, or other means.
IV. To accept gifts, grants, or loans of money or other property, and to enter into contracts or other transactions with any federal or state agency, or any other public entity.
V. To enter into contracts or agreements with public or private transportation operators or other entities for management or operation of public transit services.
VI. To adopt rules governing the operations and affairs of the district.
VII. To receive and disburse funds for district purposes.
VIII. To publish an annual report and annual financial statement.
IX. To fix equitable fares or charges for district services.
X. To employ officers and staff necessary to conduct the business of the district.
XI. To do all things necessary for the conduct of district business and the efficient operation of public transit services, consistent with the provisions of this chapter.
I. To adopt a name and corporate seal.
Terms Used In New Hampshire Revised Statutes 38-B:4
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Personal property: All property that is not real property.
- seal: shall include an impression of the official seal made upon the paper alone, as well as an impression thereof made by means of wax, or a wafer, affixed thereto. See New Hampshire Revised Statutes 21:11
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
II. To sue or be sued, but only to the extent and upon the same conditions that a city or town may be sued.
III. To purchase, hold, lease, or use real or personal property for the purposes of operating a public transit system, and to dispose of property by sale, lease, or other means.
IV. To accept gifts, grants, or loans of money or other property, and to enter into contracts or other transactions with any federal or state agency, or any other public entity.
V. To enter into contracts or agreements with public or private transportation operators or other entities for management or operation of public transit services.
VI. To adopt rules governing the operations and affairs of the district.
VII. To receive and disburse funds for district purposes.
VIII. To publish an annual report and annual financial statement.
IX. To fix equitable fares or charges for district services.
X. To employ officers and staff necessary to conduct the business of the district.
XI. To do all things necessary for the conduct of district business and the efficient operation of public transit services, consistent with the provisions of this chapter.