New Mexico Statutes

§ 21-5-19 — [Forwarding of funds for payment of coupons and bonds.]

New Mexico·Ch. 21 State and Private Education Institutions·Art. 5 New Mexico School for the Blind and Visually
It shall be the duty of the secretary and treasurer of said board of regents to forward to the bank at which said bonds are payable, prior to the date on which any coupons or any principal amount of any of said bonds shall mature, out of the "interest and retirement fund" a sufficient sum of money to meet said coupons and maturing bonds as the same become due, plus any service charge which said bank shall be entitled to receive for its service.

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New Mexico § 21-5-19 ([Forwarding of funds for payment of coupons and bonds.]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

1941 Comp., § 55-2214, enacted by Laws 1949, ch. 44, § 8; 1953 Comp., §

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