2011 New Mexico Statutes
Chapter 6: Public Finances
Article 12A: Short-Term Cash Management, 6-12A-1 through 6-12A-15
Section 6-12A-15: Anticipation notes not a general obligation of the state.


NM Stat § 6-12A-15 (1996 through 1st Sess 50th Legis) What's This?

6-12A-15. Anticipation notes not a general obligation of the state.

Anticipation notes are not a general obligation of the state, but are payable solely out of anticipated revenues that have been pledged for their payment.

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