New Hampshire Revised Statutes 33:5-d – State Revolving Loan Funds
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Terms Used In New Hampshire Revised Statutes 33:5-d
- Municipality: or "municipal corporation" town, city, school district or village district. See New Hampshire Revised Statutes 33:1
- 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
- Statute: A law passed by a legislature.
The terms of repayment by a municipality of any loan from the loan fund established under N.H. Rev. Stat. § 486:14, or from any other state revolving loan fund established for water pollution control, solid waste disposal or treatment or other environmental improvement purposes, shall be governed by the statute and rules establishing the loan fund, notwithstanding any inconsistency with the provisions of this chapter relating to required annual installments, maximum period, or other such terms and conditions. In addition, a municipality may use proceeds of such a loan to pay interest on the loan during construction and for a period thereafter to the extent permitted by such statute or rules, and no authenticating certificate shall be required under N.H. Rev. Stat. § 33:11 on any bond, note or other document evidencing the loan.