There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 5: Municipalities and Counties
Article 4: Playgrounds and Recreational Equipment, 5-4-1 through 5-4-16
Section 5-4-8: Power to issue bonds.
Universal Citation:
NM Stat § 5-4-8 (1996 through 1st Sess 50th Legis)
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on the American Association of Law Libraries Universal Citation Guide and is not
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5-4-8. Power to issue bonds.
The governing body of any municipality is hereby authorized to issue and dispose of negotiable bonds thereof, subject to the limitation and in accordance with Article IX of the constitution, for the purpose of securing funds for the acquisition of lands or buildings for playgrounds, recreation centers, zoos and other recreational purposes and the equipment thereof, to the extent and in accordance with the provisions of Sections 14-40-16 through 14-40-21 NMSA 1953.
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