2015 New Mexico Statutes
Chapter 6 - Public Finances
Section 16 Public Securities Validation
Section 6-16-2 Definitions.

NM Stat § 6-16-2 (2015) What's This?

6-16-2. Definitions.

As used in the 2005 Public Securities Validation Act:

A. "public body" of the state means any state educational institution or other state institution, its board of regents or other governing body thereof constituting a body corporate, any county, city, town, village, school district, irrigation district, drainage district, conservancy district, sanitation district, water district, commission, authority or other political subdivision of the state constituting a body corporate;

B. "public security" means a bond, note certificate of indebtedness or other obligation for the payment of money, issued by this state or by any public body thereof; and

C. "state" means the state of New Mexico and any board, commission, department, corporation, instrumentality or agency thereof.

History: Laws 1988, ch. 85, 2; 2005, ch. 266, 2.

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