New Hampshire Revised Statutes 201-B:2 – Limitation on Capital Expenditures
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Terms Used In New Hampshire Revised Statutes 201-B:2
- Outlays: Outlays are payments made (generally through the issuance of checks or disbursement of cash) to liquidate obligations. Outlays during a fiscal year may be for payment of obligations incurred in prior years or in the same year.
- 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
No city or town of this state shall be party to a library agreement which provides for the construction or maintenance of a library pursuant to Article III, (c)(7) of the compact, nor pledge its credit in support of such a library, or contribute to the capital financing thereof, except after compliance with any laws applicable to such cities or towns relating to or governing capital outlays and the pledging of credit.