There is a newer version of the New Mexico Statutes
2016 New Mexico Statutes
Chapter 73 - Special Districts
Article 27 - Eastern New Mexico Water Utility Authority
Section 73-27-10 - Use of proceeds of revenue bond issue.
NM Stat § 73-27-10 (2016) What's This?
73-27-10. Use of proceeds of revenue bond issue.
It is unlawful to divert, use or expend any money received from the issuance of revenue bonds for any purpose other than the purpose for which the revenue bonds were issued.
History: Laws 2010, ch. 39, 10.
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