Terms Used In New Hampshire Revised Statutes 422:18

  • Contract: A legal written agreement that becomes binding when signed.
  • 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
  • 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
There shall be no exclusive right for the use of any airport or air navigation facility upon which state or federal funds have been expended; provided, that the state or a municipality acquiring air navigation facilities under the provisions of this chapter, is authorized to contract for or lease to any person the use of the facilities, prescribing the same minimum standards for all operators, and may establish reasonable rent or fees therefor. Such a contractual or lease agreement shall be adequate in its terms as to duration so as to assure permanence and stability to an operator in the use of the airport for any aeronautical business or operation up to the capacity of the airport with respect to air safety.