CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
GENERAL POWERS OF CORPORATIONS
Meetings, Bylaws, Reports, Etc.
295:7-a Bonds and Other Obligations.
Every such corporation may incur liabilities, borrow money at such rates of interest as the corporation may determine, issue its notes, bonds and other obligations and refund the same and secure any of its obligations by mortgage or pledge of all or any of its property, franchises and income.
Source. 1965, 74:2, eff. April 30, 1965.