There is a newer version of the New Mexico Statutes
2013 New Mexico Statutes
Chapter 22 - Public Schools
Article 19B - School District Board Anticipation Notes
Section 22-19B-2 - Purpose. (2002)
NM Stat § 22-19B-2 (2013) What's This?
22-19B-2. Purpose. (2002)
The purpose of the School District Bond Anticipation Notes Act is to provide a mechanism for school districts to obtain short-term financing for capital projects that are needed by the school district to meet the educational needs of students in the school district and to promote the health, safety, security and general welfare of the students in the school district.
History: Laws 2002, ch. 54, § 2.
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