New Hampshire Revised Statutes 374-C:19 – Form of Investments
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Terms Used In New Hampshire Revised Statutes 374-C:19
- Bank: means the New Hampshire municipal bond bank created and established by N. See New Hampshire Revised Statutes 374-C:2
- Bonds: means bonds of the bank issued pursuant to this chapter. See New Hampshire Revised Statutes 374-C:2
- Chapter: means this New Hampshire public utility bond financing chapter. See New Hampshire Revised Statutes 374-C:2
- Fully marketable form: means a public utility bond duly executed and accompanied by such opinion of counsel and other documentation as is customary in the field of public utility financing, provided that the public utility bond so executed need not be printed or lithographed nor be in more than one denomination. See New Hampshire Revised Statutes 374-C:2
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- utility bond: means a bond or note or evidence of debt issued by a public utility and payable from rates, charges or other revenue, but shall not include any bond or note or evidence of debt issued by any other state or any public body or public utility thereof. See New Hampshire Revised Statutes 374-C:2
All utility bonds or other investments of moneys of the bank permitted or provided for under this chapter shall at all times be purchased and held in fully marketable form (subject to provisions for any registration in the name of the bank). All utility bonds at any time purchased, held or owned by the bank shall upon delivery to the bank be accompanied by all documentation customary in the utility bond market, including opinion of counsel, certification and guaranty as to signatures, and certification as to absence of litigation, and such other or further documentation as shall from time to time be required by the bank.