RSA 162-C:8 Monitoring Endowment.
Title: XII - PUBLIC SAFETY AND WELFARE
Chapter: 162-C - COUNCIL ON RESOURCES AND DEVELOPMENT
I. The monitoring endowment established by the board of directors pursuant to former RSA 221-A:5, III shall be maintained in perpetuity and shall be utilized by the council only for the purposes of monitoring and enforcing the property rights of persons with ownership interests in property acquired through the former land conservation investment program. Additional contributions to the endowment pursuant to RSA 227-M:12, I shall be accounted for separately and shall be utilized only for the purposes of RSA 227-M:12, II. Additional gifts, donations, and grants to the endowment may be utilized for monitoring and enforcing other land conservation interests that may be acquired by the state of New Hampshire.
II. The principal of the endowment shall be managed by the state treasure