New Mexico Statutes

§ 22-19-4 — Bonds; mortgages

New Mexico § 22-19-4
JurisdictionNew Mexico
Ch. 22Public Schools
Art. 19School Revenue Bonds

This text of New Mexico § 22-19-4 (Bonds; mortgages) 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.

Bluebook
N.M. Stat. Ann. § 22-19-4 (2026).

Text

A.A local school board may issue bonds or other special obligations to finance the repayment of all money borrowed for an income project pursuant to the School Revenue Bond Act.
B.A local school board may execute a mortgage, deed of trust or a security agreement upon the income project to secure payment of any bonds or other special obligations issued pursuant to the School Revenue Bond Act.

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Legislative History

1953 Comp., § 77-16-4, enacted by Laws 1967, ch. 16, § 243.

Nearby Sections

15
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Bluebook (online)
New Mexico § 22-19-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/22/22-19-4.