2011 New Mexico Statutes
Chapter 6: Public Finances
Article 21: Finance Authority, 6-21-1 through 6-21-31
Section 6-21-6.5: New Mexico finance authority revenue bonds; purposes.
6-21-6.5. New Mexico finance authority revenue bonds; purposes.
The New Mexico finance authority may issue and sell revenue bonds payable from the public project revolving fund in compliance with the New Mexico Finance Authority Act in installments or at any one time in an amount not to exceed one million dollars ($1,000,000), the net proceeds of which shall be deposited in the water and wastewater planning fund and used for the purposes of the fund.
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