RSA 374-C:3 Bond Bank's Authority.

I. The New Hampshire municipal bond bank established pursuant to RSA 35-A is hereby authorized and empowered to lend money to public utilities through the purchase by the bank of utility bonds of public utilities in fully marketable form. The bank, for the purposes authorized by this chapter, including the funding of interest during construction and for not more than 18 months thereafter, is hereby authorized and empowered to authorize and issue its bonds and notes payable solely from the revenues or funds therefor available to the bank for financing public utility projects, and to otherwise assist public utilities as provided in this chapter. Any electrical energy production facility financed under this chapter shall not exceed 80 megawatts.
II. The bank shall establish a sep