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RSA 162-G:12-a · Covenants With Bondholders
162-G:12-a Covenants With Bondholders. – The governmental unit, by resolution of its governing body, may covenant with holders of its bonds, issued under this chapter, in such manner and to such extent as the governing body deems necessary, that the governmental unit will act in such a way as to preserve, or refrain from acting in such a way as to defeat, any exemption from federal income tax which may be applicable with respect to interest on such bonds at the time when they are issued. Source. 1975, 481:10. 2000, 161:2, eff. July 22, 2000.
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Source. 1975, 481:10. 2000, 161:2, eff. July 22, 2000.
Source history
- 1975, 481:10
- 2000, 161:2, eff. July 22, 2000
Related materials
Bill relationships
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2026 HB1804
reference · effective 2028-01-01
t efforts and with respect to cities, towns, counties, school districts, and school administrative units, the power to form the entities and conduct the activities provided for in RSA 162-G and RSA 31:134 through RSA 31:149, and/or the appropriate activities, including but not limited to, conducting financial, human resource, information technology, and other managerial and administrative functions related
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2026 HB1804-FN
reference · effective 2028-01-01
t efforts and with respect to cities, towns, counties, school districts, and school administrative units, the power to form the entities and conduct the activities provided for in RSA 162-G and RSA 31:134 through RSA 31:149, and/or the appropriate activities, including but not limited to, conducting financial, human resource, information technology, and other managerial and administrative functions related