New Hampshire Revised Statutes 35-A:21 – Exemption from Levy and Sale
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Terms Used In New Hampshire Revised Statutes 35-A:21
- Bank: means the New Hampshire municipal bond bank created and established by N. See New Hampshire Revised Statutes 35-A:3
- Bonds: means bonds of the bank issued pursuant to this chapter. See New Hampshire Revised Statutes 35-A:3
- Lien: A claim against real or personal property in satisfaction of a debt.
- Notes: means any notes of the bank issued pursuant to this chapter. See New Hampshire Revised Statutes 35-A:3
- Revenues: means all fees, charges, moneys, profits, payments of principal of or interest on municipal bonds and other investments, gifts, grants, contributions, appropriations and all other income derived or to be derived by the bank under this chapter. See New Hampshire Revised Statutes 35-A:3
All property of the bank shall be exempt from levy and sale by virtue of an execution and no execution or other judicial process shall issue against the same nor shall any judgment against the bank be a charge or lien upon its property; provided, that nothing herein contained shall apply to or limit the rights of the holder of any bonds or notes to pursue and remedy for the enforcement of any pledge or lien given by the bank on its revenues or other moneys.