New Hampshire Revised Statutes 4:39-b – Approval of State Agency Leases Exceeding 5 Years
Current as of: 2023 | Check for updates
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Terms Used In New Hampshire Revised Statutes 4:39-b
- governor and council: shall mean the governor with the advice and consent of the council. See New Hampshire Revised Statutes 21:31-a
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- 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
Any lease of land, buildings, or space to be used by any state agency, as defined in N.H. Rev. Stat. § 21-G:5, III, and which exceeds a term of 5 years, including all options, shall be reviewed and approved by the long range capital planning and utilization committee established in N.H. Rev. Stat. Chapter 17-M prior to submission to the governor and council for approval.