Statutes, codes, and regulations
New Hampshire Administrative Code
Title Puc - Public Utilities CommissionChapter Puc 700 - RULES FOR SEWER UTILITIES
Part Puc 704 - RECORDS, REPORTS, ACCOUNTING REQUIREMENTS, AND SHORT-TERM DEBT
Section Puc 704.06 - Short Term Debt

N.H. Admin. Code § Puc 704.06

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Current through Register No. 50, December 12, 2024
Section Puc 704.06 - Short Term Debt

No utility shall issue or renew any notes, bonds or other evidence of indebtedness payable less than 12 months after the date thereof without prior commission approval pursuant to Puc 201.05 if said short term debt exceeds 10% of the utility's net fixed plant.

N.H. Admin. Code § Puc 704.06

Derived from Number 10, Filed March 7, 2024, Proposed by #3889, Effective 4/22/2024, Expires 4/22/2034 (See Revision Note # 1 and Revision Note #2 at chapter heading for Puc 700).