reglab/housing_qa huggingface dataset:
NH Rev Stat § 374-D:8 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-D - Municipal Small Scale Power Facility Bonds|Section 374-D:8 - Remedies.

    374-D:8 Remedies. –||Any holder of bonds or notes issued under this chapter, and the trustee under a trust agreement or resolution securing such bonds or notes, except to the extent the rights given in this chapter may be restricted by such trust agreement or resolution, may bring suit upon the bonds or notes and may, either at law or in equity, by suit, action, mandamus, or other proceedings, protect and enforce all rights under the laws of the state or granted under this chapter or under such trust agreement or resolution, and may enforce and compel the performance of duties required by this chapter or by such trust agreement or resolution to be performed by the municipality or by any of its officers.|||Source. 1981, 545:6, eff. Aug. 29, 1981.|
NH Rev Stat § 374-D:9 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-D - Municipal Small Scale Power Facility Bonds|Section 374-D:9 - Bonds and Notes Eligible for Investment.

    374-D:9 Bonds and Notes Eligible for Investment. –||Bonds and notes issued under this chapter are securities in which all public officers and public bodies of the state and its political subdivisions, the New Hampshire municipal bond bank, all insurance companies, trust companies, banking associations, credit unions, building and loan associations, investment companies, executors, administrators, trustees and other fiduciaries, and pension, profit-sharing, and retirement funds may properly invest funds, including capital in their control or belonging to them. Such bonds and notes are securities which may properly be deposited with and received by any state or municipal officer or any agency or political subdivision of the state for any purpose for which the deposit of bonds or obligations of the state is now or may hereafter be authorized by law.|||Source. 1981, 545:6, eff. Aug. 29, 1981.|
NH Rev Stat § 374-D:10 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-D - Municipal Small Scale Power Facility Bonds|Section 374-D:10 - Tax Exemption.

    374-D:10 Tax Exemption. –||The bonds and notes issued under this chapter, their transfer and the income from them, including any profit made on their sale, shall at all times be free from taxation within the state, excepting only inheritance, estate, and gift tax.|||Source. 1981, 545:6, eff. Aug. 29, 1981.|
NH Rev Stat § 374-D:11 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-D - Municipal Small Scale Power Facility Bonds|Section 374-D:11 - Revenue Refunding Bonds.

    374-D:11 Revenue Refunding Bonds. –||Any municipality having bonds outstanding under this chapter, when authorized by a 2/3 vote as prescribed in RSA 33, may issue refunding bonds for the purpose of paying bonds issued by or on its behalf, at maturity or upon acceleration or redemption. The refunding bonds may be issued in sufficient amounts to pay or provide the principal of and any redemption premium on the bonds being refunded, any interest accrued or to accrue to the date of payment of such bonds, the expenses of issue of the refunding bonds, the expenses of redeeming the bonds being refunded, and such reserves for debt service or other capital or current expenses from the proceeds of such refunding bonds as may be required by a trust agreement or resolution securing bonds or notes. The issue of refunding bonds, the maturities and other details of them, the security for them, the rights of the holders of them, and the rights, duties, and obligations of the municipality with respect to them shall be governed by the provisions of this chapter relating to the issue of bonds other than refunding bonds insofar as the same may be applicable, provided that the period from initial issuance of a series of bonds or notes until the final maturity of any refunding issue shall not exceed 50 years.|||Source. 1981, 545:6, eff. Aug. 29, 1981.|
NH Rev Stat § 374-D:12 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-D - Municipal Small Scale Power Facility Bonds|Section 374-D:12 - No Other Proceedings Required; Issuance of Bonds or Notes Under Authority Not Precluded.

    374-D:12 No Other Proceedings Required;  Issuance of Bonds or Notes Under Authority Not Precluded. –||Bonds and notes may be issued under this chapter without the consent of any department, division, commission, or agency of the state or of any of its political subdivisions and without any proceedings or the happening of any other conditions or things than those proceedings, conditions, or things which are specifically required by this chapter. The provisions of this chapter authorizing the issue of bonds and notes shall not be deemed to preclude the issue of bonds and notes under any other authority.|||Source. 1981, 545:6, eff. Aug. 29, 1981.|
NH Rev Stat § 374-D:13 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-D - Municipal Small Scale Power Facility Bonds|Section 374-D:13 - Severability.

    374-D:13 Severability. –||If any provision of this chapter or the application of such provision to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of the chapter which can be given effect without the invalid provision or application, and to this end the provisions of this chapter are severable.|||Source. 1981, 545:6, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:1 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:1 - Title.

    374-E:1 Title. –||This chapter shall be known as the "New Hampshire Municipal Bond Bank Small Scale Power Facility Act."|||Source. 1981, 545:7, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:2 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:2 - Declaration of Purpose.

    374-E:2 Declaration of Purpose. –||It is hereby declared to be in the public interest and to be the policy of the state to foster and to promote, by all reasonable means, the provision of adequate markets and facilities for the borrowing of money by municipalities for the financing of small scale power facilities from proceeds of bonds or notes issued by such municipalities, and to assist such municipalities in fulfilling their needs for such purposes by creation of indebtedness and to the extent possible to encourage continued investor interest in the bonds or notes of such municipalities as sound and preferred securities for investment. It is in the public interest and it is the policy of the state to encourage its municipalities to pursue their independent development of electric power and the financing of small scale power facilities for the production of electric power and to assist them by making funds available at reduced interest costs for orderly financing of such facilities, particularly for those municipalities not otherwise readily able to borrow for such purposes at reasonable rates of interest. It is further declared that credit and municipal bond market conditions require the exercise of the powers of the state in the interest of its municipalities to further and implement such policies by authorizing the New Hampshire municipal bond bank, established under RSA 35-A, to create a separate division having full powers to borrow money and to issue its bonds and notes to make funds available at reduced rates and on more favorable terms for borrowing by such municipalities through the purchase by such division of the municipal small scale power facility bonds and notes of such municipalities in fully marketable form and by granting broad powers to such division to accomplish and to carry out these policies of the state which are in the public interest of the state and of its taxpayers and residents.|||Source. 1981, 545:7, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:3 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:3 - Definitions.

    374-E:3 Definitions. –||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. "This chapter" means this New Hampshire municipal bond bank small scale power facility act.||II. "Bond bank" means the New Hampshire municipal bond bank created and established under RSA 35-A.||III. "Bonds" means bonds of the division issued under this chapter.||IV. "Bondholder" or "noteholder" or any similar term when used about a bond or note of the division means any person who shall be the bearer of any outstanding bond or note of the division registered to bearer or not registered, or the registered owner of any outstanding bond or note of the division which shall at the time be registered other than to bearer.||V. "Division" means the New Hampshire municipal bond bank-small scale power facility division created and established under RSA 374-E:4.||VI. "Fully marketable form" means a municipal security duly executed and accompanied by an approving legal opinion of a bond counsel of recognized standing in the field of municipal law whose opinions have been and are accepted by purchasers of like municipal bonds, provided that the municipal security so executed need not be printed or lithographed nor be in more than one denomination.||VII. "Small scale power facility bond general fund" means the fund of the division created or established as provided in RSA 374-E:12.||VIII. "Small scale power facility bond reserve fund" means any bond reserve fund of the division created or established as provided in RSA 374-E:11.||IX. "Municipality" means any county, city, town, or village district within the state or other body corporate and politic having the power to issue its bonds or notes on behalf of any of the foregoing.||X. "Municipal small scale power facility bond" means a bond or note or other evidence of indebtedness issued by a municipality under RSA 374-D.||XI. "Notes" means any notes of the division issued under this chapter.||XII. "Revenues" means all fees, charges, moneys, profits, payments of principal of or interest on municipal small scale power facility bonds and other investments, gifts, grants, contributions, appropriations, and all other income derived or to be derived by the division under this chapter.||XIII. "State" means the state of New Hampshire.|||Source. 1981, 545:7, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:4 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:4 - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division Established.

    374-E:4 New Hampshire Municipal Bond Bank-Small Scale Power Facility Division Established. –||I. There is hereby established a separate division of the bond bank to be known as the small scale power facility division. In addition to all powers granted to the bond bank by RSA 35-A, the bond bank, by virtue of the powers granted to the division under this chapter, shall have, when acting through the division, all such powers granted to the division. The establishment of the division shall not in any way affect the bond bank's legal existence separate from the state nor shall either the bond bank or the division constitute a department or agency of the state. The division is hereby constituted as an instrumentality exercising public and essential governmental functions.||II. The division shall continue to exist until terminated by law; provided, however, that no such law shall take effect so long as the division shall have outstanding bonds, notes and other obligations issued under this chapter, unless adequate provision has been made for their payment. Upon termination of the division, all its rights and properties shall pass to and be vested in the state. No net earnings of the division may inure to the benefit of any person, entity, or body other than the state.|||Source. 1981, 545:7, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:5 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:5 - Lending and Borrowing Powers Generally; State Not Liable.

    374-E:5 Lending and Borrowing Powers Generally;  State Not Liable. –||I. The bond bank acting by and through the division, for the purposes authorized by this chapter, may lend money to municipalities for the purpose of financing the construction and development of small scale power facilities through the purchase by the division of municipal small scale power facility bonds of municipalities in fully marketable form. The bond bank, for the purposes authorized by this chapter, may authorize and issue bonds and notes of the division payable solely from the revenues or funds available to the division for such bonds and notes, and otherwise assist municipalities as provided in this chapter.||II. The bonds and notes of the division issued under this chapter shall not be a debt or liability of the state, but shall be payable solely from those revenues or funds of the division pledged or available for their payment as authorized in this chapter. Each bond and note shall contain on its face a statement to the effect that the bond bank is obligated to pay the principal of and the interest on such bond or note only from the pledged revenues or funds of the division, that the state is not obligated to pay such principal or interest, and that neither the faith and credit nor the taxing power of the state is pledged to payment of such principal or interest.||III. All expenses incurred in carrying out the provisions of this chapter shall be payable solely from revenues or funds provided or to be provided under this chapter and nothing in this chapter shall be construed to authorize the division or the bond bank to incur any indebtedness or liability on behalf of or payable by the state.|||Source. 1981, 545:7, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:7 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:7 - Prohibited Acts.

    374-E:7 Prohibited Acts. –||Nothing contained in this chapter shall be construed to authorize or to empower the division:||I. To make loans of money to any person, firm, or corporation other than a municipality, or to purchase securities issued by any person, firm, or corporation other than a municipality, or for investment, except as provided in this chapter;||II. To emit bills of credit, to accept deposits of money for time or demand deposit, to administer trusts, to engage in any form or manner in, or in the conduct of, any private or commercial banking business, or to act as a savings bank or savings and loan association;||III. To be or to constitute any bank or trust company within the jurisdiction or under the control of the bank commissioner, or the Comptroller of the Currency or the Department of the Treasury of the United States of America; or||IV. To be or to constitute any bank, banker, or dealer in securities within the meaning of or subject to the provisions of any securities law, securities exchange, or securities dealers law of the United States of America, this state, or any other state.|||Source. 1981, 545:7, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:10 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:10 - Effect of Pledge.

    374-E:10 Effect of Pledge. –||Any pledge of revenues or other moneys made by the division shall be valid and binding from the time when the pledge is made. The revenues or other moneys so pledged and thereafter received by the division shall immediately be subject to the lien of such pledge without any physical delivery of such revenues or moneys or further act and the lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract, or otherwise against the division, irrespective of whether such parties have notice of such lien. Neither the resolution, trust indenture, nor any other instrument by which a pledge is created need be filed or recorded in order to establish and perfect a lien or security interest in the property so pledged.|||Source. 1981, 545:7, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:12 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:12 - General Fund.

    374-E:12 General Fund. –||I. The bond bank shall establish and maintain in and for the division a fund called the "small scale power facility bond general fund" which shall consist of and in which there shall be deposited:||(a) Fees received or charges made by the division for use of its services or facilities;||(b) Any moneys which the division shall transfer from any small scale power facility bond reserve fund under RSA 374-E:11, III;||(c) Moneys received by the division as payment of principal of or interest on municipal small scale power facility bonds purchased by the division, proceeds of sale of any municipal small scale power facility bonds purchased by the division, proceeds of sale of any municipal small scale power facility bonds or other investment of the division, or proceeds of sale of bonds or notes of the division and required under the terms of any resolution of the division or contract with the holders of its bonds or notes to be deposited in such fund;||(d) Any moneys required under the terms of a resolution of the division or contract with the holders of its bonds or notes to be deposited in such fund; and||(e) Any moneys transferred to such fund from any other fund or made available for the purpose of the fund by the state or for the operating expenses of the division.||Any such moneys in the small scale power facility general fund may, subject to any contracts between the division and its holders of bonds or notes issued under this chapter, be transferred to any small scale power facility bond reserve fund, or if not so transferred, may be used for the payment of the principal of or interest on bonds or notes of the division when they shall become due and payable, whether at maturity or upon redemption, including payment of any premium upon redemption before maturity. Any moneys in the small scale power facility general fund may be used for the purchase of municipal small scale power facility bonds and for all other purposes of the division, including payment of its operating expenses.||II. No amount shall be paid or expended out of the small scale power facility general fund or from any account in such fund for operating expenses of the division in any year, in excess of the amount provided for the operating expenses of the division by the annual budget then in effect with respect to such year or any amendment of such budget in effect at the time of such payment or expenditure for operating expenses.||III. The bond bank may create and establish for the division in the small scale power facility general fund such accounts, subaccounts, or special accounts which, in the opinion of the division, are necessary, desirable, or convenient for its purposes under this chapter.|||Source. 1981, 545:7, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:13 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:13 - Additional Reserves and Funds.

    374-E:13 Additional Reserves and Funds. –||The bond bank may establish in and for the division such additional and further reserves or other funds or accounts as may be, in the division's discretion, necessary, desirable, or convenient to further the purposes of the division or to comply with any agreement or resolution of the division.|||Source. 1981, 545:7, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:14 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:14 - Other Provisions.

    374-E:14 Other Provisions. –||The provisions of RSA 35-A:15-24, 26-33, and 35, as amended from time to time, shall apply to the division, its bonds or notes issued under this chapter, municipal small scale power facility bonds, and all other aspects of the powers and operations of the division under this chapter as if such sections were set forth in this section with such changes as to make them fully applicable to the provisions of this chapter.|||Source. 1981, 545:7, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:15 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:15 - Conflicts in Statutes.

    374-E:15 Conflicts in Statutes. –||It is the intent of the legislature that in the event of any conflict or inconsistency in the provisions of this chapter and any other chapters pertaining to matters established or provided for in this chapter or in any rules adopted under this chapter or said other chapters, to the extent of such conflict or inconsistency, the provisions of this chapter shall be enforced and the provisions of such other chapters and the rules adopted under such other chapters shall be of no force and effect.|||Source. 1981, 545:7, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:16 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:16 - Liberal Construction.

    374-E:16 Liberal Construction. –||This chapter shall be construed liberally to effect the legislative intent and the purposes of the chapter as complete and independent authority for the performance of each and every act and thing authorized in this chapter and all powers granted in this chapter shall be broadly interpreted to effect such intent and purposes and not as a limitation of powers.|||Source. 1981, 545:7, eff. Aug. 29, 1981.|
NH Rev Stat § 374-E:17 (2021)
2021 New Hampshire Revised Statutes|Title XXXIV - Public Utilities|Title 374-E - New Hampshire Municipal Bond Bank-Small Scale Power Facility Division|Section 374-E:17 - Severability.

    374-E:17 Severability. –||If any provision of this chapter or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of the chapter which can be given effect without the invalid provisions or application, and to this end the provisions of this chapter are severable.|||Source. 1981, 545:7, eff. Aug. 29, 1981.|