There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 5: Municipalities and Counties
Article 7: Fire District Bonds, 5-7-1 through 5-7-7
Section 5-7-4: Use of proceeds of bond issue.
Universal Citation:
NM Stat § 5-7-4 (1996 through 1st Sess 50th Legis)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
5-7-4. Use of proceeds of bond issue.
It is unlawful to divert, use or expend any money received from the issuance of fire district bonds for any purpose other than the purposes for which the bonds were issued.
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