New Hampshire Revised Statutes 33:4 – Debt Limit, Counties
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Terms Used In New Hampshire Revised Statutes 33:4
- Net indebtedness: all outstanding and authorized indebtedness, heretofore or hereafter incurred by a municipality, exclusive of the following: unmatured tax anticipation notes issued according to law. See New Hampshire Revised Statutes 33:1
Counties shall not incur net indebtedness to an amount, at any one time outstanding, exceeding 2 percent of the last assessed valuation thereof.