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2015 New Mexico Statutes
Chapter 3 - Municipalities
Section 25 Gas Utility
Section 3-25-4 Financing acquisition of gas or geothermal utility.

NM Stat § 3-25-4 (2015) What's This?

3-25-4. Financing acquisition of gas or geothermal utility.

The acquisition of facilities of a municipal gas or geothermal utility shall only be financed from funds received from the issuance and sale of bonds as authorized in Sections 3-30-5 through 3-30-8 and 3-31-1 through 3-31-12 NMSA 1978 except as provided in Section 3-23-4 NMSA 1978.

History: 1953 Comp., 14-24-4, enacted by Laws 1965, ch. 300; 1985, ch. 81, 5.

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