New Hampshire § 383-E-4-404 - Section 383-E:4-404 Public Obligations.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 383-E-4-404 — Section 383-E:4-404 Public Obligations., with citation guidance and answers to common questions.
§ 383-E-4-404. Section 383-E:4-404 Public Obligations.
The following described securities are legal investments: (a) The authorized bonds and notes of the state of New Hampshire or of any municipal government in New Hampshire, including all authorities, commissions, districts or similar divisions of state or municipal government, provided that: (1) The direct obligations of the state of New Hampshire or any state entity in New Hampshire are backed by the issuer's ability to levy taxes for the repayment of principal and interest. (2) Obligations secured by the revenues of any authorities, commissions, districts or similar divisions of state or municipal government are ranked among the 4 highest ratings of any NRSRO. (b) The authorized bonds and notes of any other state, commonwealth or territory of the United States or any municipality therein or authorities, commissions, districts or similar divisions of state or municipal government therein, provided: (1) The direct obligations of any state, commonwealth or territory of the United States or any municipality located therein are backed by the issuer's ability to levy taxes for repayment of principal and interest and are ranked among the 3 highest ratings of any NRSRO. (2) Obligations secured by the revenue of any authorities, commissions, districts or similar divisions of state or municipal government are ranked among the 3 highest ratings of any NRSRO.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 383-E-4-404
What does New Hampshire Revised Statutes Annotated § 383-E-4-404 cover?
Section 383-E-4-404 ("Section 383-E:4-404 Public Obligations.") 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 § 383-E-4-404?
A common citation format is "New Hampshire Revised Statutes Annotated § 383-E-4-404" (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 § 383-E-4-404 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.