New Hampshire Revised Statutes 228:50 – Special Repair Projects
Current as of: 2023 | Check for updates
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Terms Used In New Hampshire Revised Statutes 228:50
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
Whenever the commissioner is of the opinion that the cost of repairs to a highway, structure or facility should be reimbursed, in whole or in part, by a person, company or corporation, he may, in the first instance, charge the cost of the repairs to the special account established in N.H. Rev. Stat. § 228:49, II and render an invoice to the responsible party. Following a final settlement of the commissioner’s claim for reimbursement, the balance of the expenses in the special account, if any, shall be charged to the department’s appropriate operating accounts.