Section 486:4 Limitation of Guarantee. - New Hampshire Statutes

If any one of the municipalities of Derry, Salem, Wolfeboro, Hampton, Sunapee, Rochester, Laconia or any other municipality in receipt of an order issued by the department according to its priority criteria to undertake the construction of sewage disposal facilities pursuant to RSA 486:3 proceeds with such construction, the state shall limit its guarantee of the construction bonds for said facilities to 25 percent of the total cost for the construction of that municipality's sewage disposal facilities.

Source. 1989, 339:1. 1996, 228:106, eff. July 1, 1996.