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RSA 34:12 · Audit; Records

34:12 Audit; Records. – The accounts of the trustees of trust funds holding the capital reserve funds shall be audited annually by the city auditor, the securities shall be exhibited to said auditor, and said auditor shall certify the facts found by the audit and the list of all securities held. Said trustees holding said funds shall keep a record of all such capital reserve funds in a record book, which shall be open to public inspection. Source. 1949, 181:12, eff. May 3, 1949.

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Source note

Source. 1949, 181:12, eff. May 3, 1949.

Source history

  • 1949, 181:12, eff. May 3, 1949

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  • 2026 HB1273 add

    n or water control easements or establishing tax increment financing districts. [IV] V. Municipalities may create a nonlapsing [CRIZ] FRIZ fund as a capital reserve fund under RSA 34 or RSA 35, or a town-created trust fund under RSA 31:19-a, to provide funding for projected municipal costs associated with projected storm surge, sea-level rise, and extreme precipitation, and such funds may be used to