New Hampshire Revised Statutes 374-B:5 – Investment of Proceeds
Current as of: 2023 | Check for updates
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Terms Used In New Hampshire Revised Statutes 374-B:5
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- United States: shall include said district and territories. See New Hampshire Revised Statutes 21:4
Subject to the trust, agreement or resolution, the proceeds of bonds or notes issued under this chapter and any other moneys governed by the trust agreement or resolution may be deposited or invested in demand deposits, time deposits or savings deposits in banks which are members of the Federal Deposit Insurance Corporation or in obligations issued or guaranteed by the United States or by any agency or instrumentality thereof or as may be provided by any other applicable law.