Section 237-A:8 Bonds Not General Obligations. - New Hampshire Statutes

Bonds issued under the provisions of this chapter shall not be general obligations of the state for which its full faith and credit is pledged, nor shall they be payable out of any funds other than the funds provided therefor in this chapter nor shall they be deemed debt of the state in determining its borrowing capacity under any applicable law.

Source. 1986, 203:14, eff. June 3, 1986.