New Hampshire § 195-F-14 - Section 195-F:14 Additional Powers.

§ 195-F-14. Section 195-F:14 Additional Powers.

In order to carry out the purposes and provisions of this chapter, the bank, in addition to any powers granted to it elsewhere in this chapter and in RSA 35-A, shall have the following powers: I. To charge for its costs and services in review or consideration of any proposed loan to an educational institution or purchase of educational institution bonds, and to charge therefor whether or not such loan shall have been made or such educational institution bonds shall have been purchased; II. In connection with any loan to an educational institution, to consider the need, desirability or eligibility of such loan and the ability of such educational institution to secure borrowed money from other sources and the costs thereof; III. To fix and establish any and all terms and provisions with respect to any purchase of educational institution bonds by the bank, including date and maturities of such bonds, provision as to redemption or payment prior to maturity, and any and all other matters which in connection therewith are necessary, desirable or advisable in the judgment of the bank; IV. To the extent permitted under its contracts with the holders of bonds or notes of the bank, to consent to any modification with respect to rate of interest, time and payment of any installment of principal or interest, security or any other term or bond or note, contract or agreement of any kind to which the bank is a party; and V. To apply for, accept, receive and expend any grants or other moneys that may be made available to it by the federal government or any other public or private source for the purposes of this chapter.