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New Mexico Constitution

Article IV, § 29 — Laws creating debts

New Mexico Const. art. IV, § 29

This text of New Mexico Const. art. IV, § 29 (Laws creating debts) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionNew MexicoDocumentConstitution
ArticleIV
Section§ 29
CitationNew Mexico Const. art. IV, § 29
Bluebook
N.M. Const. art. IV, § 29.

Full Text

No law authorizing indebtedness shall be enacted which does not provide for levying a tax sufficient to pay the interest, and for the payment at maturity of the principal.

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Bluebook (online)
New Mexico Const. art. IV, § 29, Counsel Stack Legal Research, https://law.counselstack.com/constitution/nm/IV/29.