This RSA section is an unofficial mirror, is not legal advice, and may be incomplete, outdated, or incorrectly processed.
RSA 52-A:9 · Issuance of Bonds and Other Indebtedness
52-A:9 Issuance of Bonds and Other Indebtedness. –
Copy linkA municipality may borrow money and issue bonds or notes to finance the public facilities and services of a special assessment district, provided that bonds or notes may be issued only for the purposes authorized under RSA 33:3 or RSA 33:3-c. All bonds or notes authorized in accordance with this section shall be issued under the procedures in RSA 33, provided that the payments on the bond and note shall be made only from special assessment district revenues.
Copy linkAny such debt shall at no time be included in the net indebtedness of the municipality for the purpose of ascertaining its borrowing capacity under RSA 33. Source. 2015, 240:2, eff. Sept. 11, 2015.
Copy linkSource note
Source. 2015, 240:2, eff. Sept. 11, 2015.
Source history
- 2015, 240:2, eff. Sept. 11, 2015
Related materials
Bill relationships
-
2026 HB1583
amend
Enacted by the Senate and House of Representatives in General Court convened: 1 New Subdivision; Infrastructure-Based Special Assessment Districts for New Development. Amend RSA 52-A by inserting after section 12 the following new subdivision: Infrastructure-Based Special Assessment Districts for New Development 52-A:13 Authority. Consistent with the provisions of this subdivision, any town