§ 149-i-16

149-I:16 Assessment Installments. – The mayor and aldermen of any city may, in their discretion, in making any assessment under this chapter, assess the same to be paid in annual installments extending over a period not exceeding 20 years, and in such case their assessment so made shall create a lien upon the land on account of which it is made and the lien of each installment so assessed shall continue for one year from October 1 of the year such installment becomes due. Source. 1909, 24:1. PL 95:11. 1933, 98:4. RL 111:14. 1945, 188, part 22:15. 1949, 80:2. RSA 252:17. 1981, 87:2, eff. April 20, 1981.