New Hampshire Revised Statutes 239-A:4 – General Powers
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CART shall have the following powers:
I. To sue and be sued;
II. To adopt and have an official seal;
III. To adopt such bylaws and rules as necessary to exercise the powers and perform the duties under this chapter;
IV. To adopt rules governing the use, operation, and maintenance of the system and to determine all routings and alter the same at pleasure;
V. To acquire, hold, use, and dispose of its income, revenues, funds, and moneys; and to deposit any moneys of CART in accordance with the general laws of the state of New Hampshire;
VI. To appoint and employ officers, attorneys, engineers, consultants, agents, and employees as required to carry out the purposes of CART and to determine their qualifications, terms of office, duties, and compensation. CART may require bonds of its officers or employees;
VII. To rent, lease, hold, use, and dispose of the system or any part of the system;
VIII. To apply for and accept gifts, loans, or grants of property, funds, money, materials, labor, supplies, or services from the United States of America or the state of New Hampshire or its agencies or departments or any person, municipality, county, or firm, or corporation, and to carry out the terms or provisions or make agreements with respect to any such gifts, loans, or grants, and to do any and all things necessary, useful, desirable, or convenient in connection with procuring, accepting, or disposing of such gifts, loans, or grants;
IX. To make, enter into, and enforce all contracts or agreements with any department or agency of the United States of America or of the state of New Hampshire or any public corporation, or quasi-public corporation or any individual, necessary, convenient, or desirable for the purposes of CART; and
X. To fix rates, fares, tolls, charges, rents, or other charges for the use of its system and may alter or change them at pleasure.
I. To sue and be sued;
Terms Used In New Hampshire Revised Statutes 239-A:4
- 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
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
- seal: shall include an impression of the official seal made upon the paper alone, as well as an impression thereof made by means of wax, or a wafer, affixed thereto. See New Hampshire Revised Statutes 21:11
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
- United States: shall include said district and territories. See New Hampshire Revised Statutes 21:4
II. To adopt and have an official seal;
III. To adopt such bylaws and rules as necessary to exercise the powers and perform the duties under this chapter;
IV. To adopt rules governing the use, operation, and maintenance of the system and to determine all routings and alter the same at pleasure;
V. To acquire, hold, use, and dispose of its income, revenues, funds, and moneys; and to deposit any moneys of CART in accordance with the general laws of the state of New Hampshire;
VI. To appoint and employ officers, attorneys, engineers, consultants, agents, and employees as required to carry out the purposes of CART and to determine their qualifications, terms of office, duties, and compensation. CART may require bonds of its officers or employees;
VII. To rent, lease, hold, use, and dispose of the system or any part of the system;
VIII. To apply for and accept gifts, loans, or grants of property, funds, money, materials, labor, supplies, or services from the United States of America or the state of New Hampshire or its agencies or departments or any person, municipality, county, or firm, or corporation, and to carry out the terms or provisions or make agreements with respect to any such gifts, loans, or grants, and to do any and all things necessary, useful, desirable, or convenient in connection with procuring, accepting, or disposing of such gifts, loans, or grants;
IX. To make, enter into, and enforce all contracts or agreements with any department or agency of the United States of America or of the state of New Hampshire or any public corporation, or quasi-public corporation or any individual, necessary, convenient, or desirable for the purposes of CART; and
X. To fix rates, fares, tolls, charges, rents, or other charges for the use of its system and may alter or change them at pleasure.