N.H. Rev. Stat. § 369:11

Current through the 2024 Legislative Session
Section 369:11 - Application of Proceeds

No public utility shall apply the proceeds of any stock, bonds or notes to any other purpose than those specified in the order of the commission authorizing the issue of the same.

RSA 369:11

1911, 164:14. 1913, 145:14. 1917, 76:6. PL 241 :12. RL 291:13. 1951, 203:45 par. 11, eff. Sept. 1, 1951.