New Hampshire § 124-3 - Section 124:3 Debt Limitations.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 124-3 — Section 124:3 Debt Limitations., with citation guidance and answers to common questions.
§ 124-3. Section 124:3 Debt Limitations.
Cities, towns, school districts, precincts, and counties, upon the approval of the commissioner of revenue administration, may make application to the governor and council for authority to exceed existing debt limitations for the purpose of taking advantage of such grants or aid as may be offered them by the United States government. The governor and council may grant to cities, towns, school districts, precincts, and counties authority to exceed existing debt limitations to such extent and in such amounts as they may deem prudent and advisable. In granting such authority the governor and council may prescribe the terms and conditions upon which such debt limitations may be exceeded.
Frequently Asked Questions About New Hampshire § 124-3
What does New Hampshire Revised Statutes Annotated § 124-3 cover?
Section 124-3 ("Section 124:3 Debt Limitations.") is part of the New Hampshire Revised Statutes Annotated, the codified statutory law of New Hampshire. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Hampshire § 124-3?
A common citation format is "New Hampshire Revised Statutes Annotated § 124-3" (New Hampshire). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Hampshire law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Hampshire official source linked on this page or consult a licensed New Hampshire attorney.
How does New Hampshire § 124-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Hampshire can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Hampshire.