There is a newer version of the New Mexico Statutes
2013 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 24 - Industrial and Agricultural Finance Authority
Section 58-24-14 - State, county and municipalities not liable on bonds and notes. (1983)
NM Stat § 58-24-14 (2013) What's This?
58-24-14. State, county and municipalities not liable on bonds and notes. (1983)
The bonds, notes and other obligations of the authority shall not be a debt of the state or of any county or municipality, and neither the state nor any county or municipality shall be liable thereon.
History: Laws 1983, ch. 300, § 14.
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