N.H. Rev. Stat. § 6:7
This is the official text of N.H. Rev. Stat. § 6:7, part of New Hampshire’s Rev. Stat — part of the compiled statutory law of New Hampshire, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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6:7 Bank Deposits.
Official statutory text
The treasurer may deposit any portion of public moneys, in the treasurer's possession, in federally insured banks authorized to accept deposits under RSA 6:8, I and I-a. At the discretion of the treasurer, balances may be collateralized if those balances are deemed to be significant in relation to the equity position of the federally insured bank. Other conditions being equal, those federally insured banks shall receive preference which allow interest on balances. As used in this section the term "public moneys" shall include the general funds of the state and any funds of which the state treasurer acts as custodian or agent.
Status: in_force · Read it on the official government site
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