Counties shall not incur net indebtedness to an amount, at any one time outstanding, exceeding 2 percent of the last assessed valuation thereof.
N.H. Rev. Stat. Ann. § 33:4
Debt Limit, Counties
Known as the Municipal Finance Act
The act spans §§ 33–33 (53 sections).
Source. 1917, 129:7
Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.