New Hampshire Revised Statutes 35-A:23 – Authorization to Accept State Money
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Terms Used In New Hampshire Revised Statutes 35-A:23
- Bank: means the New Hampshire municipal bond bank created and established by N. See New Hampshire Revised Statutes 35-A:3
- 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
The bank is authorized to accept such moneys as may be appropriated from time to time by the legislature for carrying out its corporate purpose. The bank shall repay the state all sums which are appropriated to the bank for organizational purposes in 5 annual installments, beginning with the fifth year after the receipt of such funds.