RSA 162-I:3 Powers of the Authority.

Title: XII - PUBLIC SAFETY AND WELFARE Chapter: 162-I - BUSINESS FINANCE AUTHORITY REVENUE BONDS

I. The authority shall have the following powers in addition to any other powers conferred upon it:
(a) To engage in projects, to acquire and dispose of ownership or possessory interests in eligible facilities and related property within the state.
(b) To issue bonds:
(1) To pay project costs;
(2) To reimburse a user or a related person for payments for project costs made before or after the bonds are issued; or
(3) To refund, refinance, or acquire indebtedness previously issued by or on behalf of the authority, a user, or a related person.
(c) To execute financing documents and security documents and perform obligations and exercise powers created by the documents.
(d) In the event of default by a user under a financing document, but only t

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