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Terms Used In New Hampshire Revised Statutes 194:57

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
The selectmen and collector of any town to which part of any other town is annexed for school purposes shall have the same powers and duties in respect to such annexed territory, of furnishing blank inventories and of assessing and collecting taxes for school purposes, and the inhabitants and owners thereof shall for such purposes be subject to the same liabilities, as if such territory were in the town to which it is annexed.