New Hampshire Revised Statutes 374-C:2 – Definitions
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The following words or terms as used in this chapter shall have the following meanings unless a different meaning clearly appears from the context:
I. “Chapter” means this New Hampshire public utility bond financing chapter.
II. “Bank” means the New Hampshire municipal bond bank created and established by N.H. Rev. Stat. § 35-A:4.
III. “Bonds” means bonds of the bank issued pursuant to this chapter.
IV. “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.
V. “Notes” means any notes of the bank issued pursuant to this chapter.
VI. “Public utility” means any corporation, company, association, joint stock association, partnership or person within the state which owns, operates or manages any plant or equipment for the manufacture or furnishing of light, heat, power or water for the public, or in the generation, transmission or sale of energy ultimately sold to the public and which is regulated by the New Hampshire public utilities commission. For the purposes of this chapter, any limited electrical energy producer subject to N.H. Rev. Stat. Chapter 362-A shall be considered a public utility eligible for the receipt of financial assistance under this chapter. This chapter expressly includes non-generating electric utilities regulated by the New Hampshire public utilities commission.
VII. “Public utility bond” or “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.
VIII. “Public utility general fund” means the fund created or established as provided in N.H. Rev. Stat. § 374-C:6.
IX. “Public utility reserve fund” means any of the public utility bond reserve funds created or established as provided in N.H. Rev. Stat. § 374-C:5.
X. “Revenues” means all fees, charges, moneys, profits, payments of principal of or interest on utility bonds and other investments, gifts, grants, contributions, appropriations and all other income derived or to be derived by the bank under this chapter.
I. “Chapter” means this New Hampshire public utility bond financing chapter.
Terms Used In New Hampshire Revised Statutes 374-C:2
- 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
- commission: as used in this title , means the public utilities commission. See New Hampshire Revised Statutes 362:1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- 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
- Notes: means any notes of the bank issued pursuant to this chapter. See New Hampshire Revised Statutes 374-C:2
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
- Public utility: means any corporation, company, association, joint stock association, partnership or person within the state which owns, operates or manages any plant or equipment for the manufacture or furnishing of light, heat, power or water for the public, or in the generation, transmission or sale of energy ultimately sold to the public and which is regulated by the New Hampshire public utilities commission. See New Hampshire Revised Statutes 374-C:2
- Public utility bond: or "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
- 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
- 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
II. “Bank” means the New Hampshire municipal bond bank created and established by N.H. Rev. Stat. § 35-A:4.
III. “Bonds” means bonds of the bank issued pursuant to this chapter.
IV. “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.
V. “Notes” means any notes of the bank issued pursuant to this chapter.
VI. “Public utility” means any corporation, company, association, joint stock association, partnership or person within the state which owns, operates or manages any plant or equipment for the manufacture or furnishing of light, heat, power or water for the public, or in the generation, transmission or sale of energy ultimately sold to the public and which is regulated by the New Hampshire public utilities commission. For the purposes of this chapter, any limited electrical energy producer subject to N.H. Rev. Stat. Chapter 362-A shall be considered a public utility eligible for the receipt of financial assistance under this chapter. This chapter expressly includes non-generating electric utilities regulated by the New Hampshire public utilities commission.
VII. “Public utility bond” or “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.
VIII. “Public utility general fund” means the fund created or established as provided in N.H. Rev. Stat. § 374-C:6.
IX. “Public utility reserve fund” means any of the public utility bond reserve funds created or established as provided in N.H. Rev. Stat. § 374-C:5.
X. “Revenues” means all fees, charges, moneys, profits, payments of principal of or interest on utility bonds and other investments, gifts, grants, contributions, appropriations and all other income derived or to be derived by the bank under this chapter.