There is a newer version of the New Mexico Statutes
2013 New Mexico Statutes
Chapter 22 - Public Schools
Article 18A - School District Loans
Section 22-18A-2 - Purpose. (1989)
NM Stat § 22-18A-2 (2013) What's This?
22-18A-2. Purpose. (1989)
The purpose of the School District Loan Act is to provide school districts with financial assistance to make payment of principal and interest due on outstanding school district general obligation indebtedness.
History: Laws 1989, ch. 134, § 2.
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