New Hampshire § 237-8 - Section 237:8 Borrowing Power.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 237-8 — Section 237:8 Borrowing Power., with citation guidance and answers to common questions.
§ 237-8. Section 237:8 Borrowing Power.
For the purpose of providing a portion of the funds necessary for the appropriations made by RSA 237:7 the state treasurer is authorized to borrow upon the credit of the state a sum not exceeding $91,500,000 and may issue general obligation bonds and notes in the name and on behalf of the state in accordance with the provisions of RSA 6-A; provided that the bonds may mature up to 30 years from their dates of issue and may be made redeemable before maturity at the option of the governor and council at such price or prices and under such terms and conditions as may be fixed by the governor and council prior to the issue of the bonds. In addition, the state treasurer is authorized to issue revenue bonds under RSA 237-A to provide the additional funds necessary for the appropriations made by RSA 237:7, as well as to pay related project costs, including costs of issuance and funding of reserves, all in accordance with and subject to the debt limit prescribed in RSA 237-A.
Frequently Asked Questions About New Hampshire § 237-8
What does New Hampshire Revised Statutes Annotated § 237-8 cover?
Section 237-8 ("Section 237:8 Borrowing Power.") 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 § 237-8?
A common citation format is "New Hampshire Revised Statutes Annotated § 237-8" (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 § 237-8 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.