There is a newer version of the New Mexico Statutes
2016 New Mexico Statutes
Chapter 6 - Public Finances
Article 15 - Finances of Counties, Municipalities and School Districts
Section 6-15-7 - Maturity date of bonds; limitation.
NM Stat § 6-15-7 (2016) What's This?
6-15-7. Maturity date of bonds; limitation.
Bonds issued hereunder shall never be issued to run for a longer period than twenty years from the date of the bonds.
History: Laws 1929, ch. 201, 5; C.S. 1929, 16-105; 1941 Comp., 7-620; 1953 Comp., 11-6-19; Laws 1973, ch. 393, 4.
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