There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 6: Public Finances
Article 15: Finances of Counties, Municipalities and School Districts, 6-15-1 through 6-15-28
- Section 6-15-1: Bonds payable from ad valorem taxes; notice of proposed issuance.
- Section 6-15-2: Bond issues; local government division, or public school finance division, of the department of finance and administration to furnish information; transcripts of proceedings; disposition.
- Section 6-15-3: Bonds; forms; interest; maturities.
- Section 6-15-4: Tax levy for payment of bonds.
- Section 6-15-5: Sale of bonds.
- Section 6-15-6: Bids for bonds refused; return of deposits.
- Section 6-15-7: Maturity date of bonds; limitation.
- Section 6-15-8: "Municipal corporation" as used in Sections 6-15-3 to 6-15-8 NMSA 1978 defined.
- Section 6-15-9: Bonds authorized at election; time limit on issuance; exceptions.
- Section 6-15-10: Unissued bonds authorized at election; when void; exceptions.
- Section 6-15-11: Refunding bonds of county, municipality or school district; approval of issuance; purpose.
- Section 6-15-12: Ordinance or resolution for refunding bonds; contents; maturities.
- Section 6-15-13: Execution of refunding bonds; interest coupons; mode of payment; installments.
- Section 6-15-14: Levy of taxes to pay annual installments and interest.
- Section 6-15-15: Exchange for bonds to be refunded; sales.
- Section 6-15-16: Record of refunding bonds.
- Section 6-15-17: Retired refunding bonds to be destroyed.
- Section 6-15-18: Bonds surrendered for refunding; record; destruction.
- Section 6-15-19: Definition of terms.
- Section 6-15-20: Application of bond proceeds; procedures; limitations.
- Section 6-15-21: Contributions securing payment of bonds.
- Section 6-15-22: Creation of sinking funds to secure payment of bonds.
- Section 6-15-23: Short title.
- Section 6-15-24: Definitions.
- Section 6-15-25: Findings; purpose of act.
- Section 6-15-26: Bond elections.
- Section 6-15-27: Scope of act.
- Section 6-15-28: Validation.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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