New Hampshire Revised Statutes 125-J:3-a – Escrow Authority
Current as of: 2023 | Check for updates
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Terms Used In New Hampshire Revised Statutes 125-J:3-a
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
The commissioner may accept payments to be held in an escrow account to be used for the purchase of emissions reduction credits, discrete emissions reduction credits, NOx budget allowances, and other emissions reduction credit mechanisms, until such time as credits, allowances or other mechanisms are available for trading or banking in a trading or banking program.