2015 New Mexico Statutes
Chapter 3 - Municipalities
Section 30 Municipal Debt; Voting on Question
Section 3-30-8 General obligation bonds; issuance; sale; payable.
3-30-8. General obligation bonds; issuance; sale; payable.
A. The bonds shall be issued and sold in the manner authorized under Sections 6-15-3 through 6-15-10 NMSA 1978.
B. The bonds shall be of such denomination or denominations and shall be payable at such place or places within or without the state or both, shall be in such form, and otherwise shall bear such terms and conditions, as the governing body may determine, except as otherwise provided by law.
C. Said bonds shall be signed by the mayor and by the clerk, and the coupons appertaining thereto shall be signed by the treasurer.
D. The facsimile signature of the treasurer may be engraved, imprinted, stamped or otherwise reproduced on the coupons.
E. The bonds may be executed in the manner provided by the Uniform Facsimile Signature of Public Officials Act [6-9-1 to 6-9-6 NMSA 1978].
History: 1953 Comp., 14-29-8, enacted by Laws 1965, ch. 300.
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