RSA 374-C:12 Federal Funds; Withholding of Moneys.

I. The state treasurer is hereby authorized to receive from the United States of America or any department or agency thereof any amounts of money as and when appropriated, allocated, granted, turned over or in any way provided for the purposes of this chapter, and said amounts shall be paid to the bank and be available to the bank.
II. Any funds or moneys in the custody or control of the state treasurer whether the same shall become available by reason of any grant, allocation or appropriation by the United States of America or the state or agencies thereof to assist any public utility in payment of its utility bonds owned or held by the bank, or required by the terms of any other law to be paid to holders or owners of utility bonds of a public utility upon failure or default