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2018 New Mexico Statutes
Chapter 4 - Counties
Article 48A - Special Hospital Districts
Section 4-48A-23 - Resolution authorizing revenue bonds.
Universal Citation: NM Stat § 4-48A-23 (2018)
4-48A-23. Resolution authorizing revenue bonds.
At a regular or special meeting called for the purpose of issuing revenue bonds as authorized pursuant to the Special Hospital District Act, the board of trustees may adopt a resolution that:
A. declares the necessity for issuing revenue bonds;
B. authorizes the issuance of revenue bonds by an affirmative vote of a majority of all the members of the board of trustees of the special hospital district; or
C. designates the source of the pledge [pledged] revenues.
History: 1978 Comp., § 4-48A-23, enacted by Laws 1981, ch. 84, § 14.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
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