RSA 374-E:8 Bonds and Notes of the Division.

I. The bond bank acting by and through the division may issue bonds or notes of the division in such principal amounts as it shall deem necessary to provide funds for any purposes authorized by this chapter, including the making of loans; the payment, funding, or refunding of the principal of, or interest or redemption premiums on, any bonds or notes issued by the division, whether or not the bonds or notes or interest to be funded or refunded have become due; the establishment or increase of reserves to secure or to pay such bonds or notes or interest on such bonds or notes; and all other costs or expenses of the division incident to and necessary or convenient to carry out its purposes and powers.
II. Any such bonds or notes may be secured by a pledge of any grant or contrib