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Terms Used In New Hampshire Revised Statutes 35-A:26

  • Bank: means the New Hampshire municipal bond bank created and established by N. See New Hampshire Revised Statutes 35-A:3
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13
  • governor and council: shall mean the governor with the advice and consent of the council. See New Hampshire Revised Statutes 21:31-a
The bank shall, promptly following the close of each fiscal year, submit an annual report of its activities for the preceding year to the governor and council. Each such report shall set forth a complete operating and financial statement of the bank during such year. The bank shall cause an audit of its books and accounts to be made at least once in each fiscal year either by the commissioner of administrative services or his designated representative or by independent public accountants.