RSA 374-C:4 General Power.

In addition to those powers enumerated in RSA 35-A:6, the bank shall have the authority to purchase or hold public utility bonds at such prices and in such manner as the bank shall deem advisable and to sell public utility bonds acquired or held by it at such prices without relation to cost and in such manner as the bank shall deem advisable. The bank may require the public utility to secure the bonds as to payment of both principal and interest by a pledge of, lien upon or bond interest in, its revenues or properties, including a mortgage thereof under RSA 369:2, as the bank determines necessary to secure the payment of such bonds purchased and the interest thereon as the same become due. The bank may assign any such pledge, lien or bond interest to or for the benefit of the holders of i