35-A:35 Form of Investments. – All municipal bonds or other investments of moneys of the bank permitted or provided for under the chapter shall at all times be purchased and held in fully marketable form (subject to provision for any registration in the name of the bank). All municipal bonds at any time purchased, held or owned by the bank shall upon delivery to the bank be accompanied by all documentation customary in the municipal bond market, including approving bond opinion, certification and guaranty as to signatures, and certification as to absence of litigation, and such other or further documentation as shall from time to time be required in the municipal bond market. Source. 1977, 491:1, eff. July 1, 1977.
New Hampshire Legal Code