1. (a) All public obligations described in RSA 383-B:3-303(c), shall be appropriate and acceptable for the collateralization of public funds.

2. (b) For purposes of RSA 383-B:3-303(c)(2), the following obligations shall be appropriate and acceptable for the collateralization of public funds:

   1. (1) Obligations of the following federal agencies, federal corporations, and other entities:

      1. a. Export-Import Bank of the United States;
      2. b. General Services Administration;
      3. c. Maritime Administration of the U.S. Department of Transportation;
      4. d. Small Business Administration; and

      5. e. The following obligations of the Department of Housing and Urban Development, its government corporations, entities, and programs:

         1. 1. Federal Housing Administration;
         2. 2. Government National Mortgage Association (Ginnie Mae);
         3. 3. Community development; and
         4. 4. Public housing notes and bonds.

   2. (2) Obligations of the following federal government-sponsored enterprises shall qualify as acceptable collateral for public funds:

      1. a. Federal Farm Credit Banks, including:

         1. 1. Banks for Cooperatives;
         2. 2. Federal Intermediate Credit Banks;
         3. 3. Federal Land Banks.
      2. b. Federal Home Loan Banks, including irrevocable standby letters of credit issued by a Federal Home Loan Bank possessing the highest rating issued by at least one NRSRO;
      3. c. Federal Home Loan Mortgage Corporation (Freddie Mac);
      4. d. Federal National Mortgage Association (Fannie Mae); and
      5. e. Tennessee Valley Authority.

Source. #5221 (Emergency) eff 9-6-91, EXPIRED 1-7-92; #5307, eff 1-9-92, EXPIRED 5-8-92 (Int 91-9) New. #5465, eff 9-8-92, EXPIRED: 9-8-98 New. #6961, eff 3-25-99, EXPIRED: 3-25-07 New. #9187, eff 6-24-08, INTERIM, EXPIRED: 12-21-08 New. #9557, eff 10-3-09; ss by #10997, INTERIM, eff 12-23-15, EXPIRES: 6-20-16; ss by #11113, eff 6-1-16