2006 New Mexico Statutes - Section 72-18-51 — Additionally secured securities.
72-18-51. Additionally secured securities.
The board, in connection with such additionally secured securities, in the resolution authorizing their issuance or other instrument appertaining thereto, may pledge all or a portion of the revenues, subject to any prior pledges, as additional security for payment of the securities, and at its option may deposit the revenues in a fund created to pay the securities or created to additionally secure their payment.
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