2019 New Mexico Statutes
Chapter 6 - Public Finances
Article 13 - Institution Bonds
Section 6-13-1 - Short title.
Sections 6-13-1 through 6-13-26 NMSA 1978 may be cited as the "Institution Bond Act."
History: 1953 Comp., § 11-9-1, enacted by Laws 1963, ch. 298, § 1.
ANNOTATIONSEffect of presenting coupons maturing subsequent to redemption date. — Under the express provisions of the bonds to be redeemed and the bond resolution, it is necessary that the institution pay the principal and accrued interest to date of the redemption of such bonds, only when the appurtenant coupons maturing subsequent to the redemption date are presented. 1965 Op. Att'y Gen. No. 65-61.
Am. Jur. 2d, A.L.R. and C.J.S. references. — Validity, under state constitution and laws, of issuance by state or state agency of revenue bonds to finance or refinance construction projects at private religious-affiliated colleges or universities, 95 A.L.R.3d 1000.
