New Mexico Statutes
§ 3-31-2 — Use of proceeds of bond issue
New Mexico § 3-31-2
This text of New Mexico § 3-31-2 (Use of proceeds of bond issue) 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. § 3-31-2 (2026).
Text
It is unlawful to divert, use or expend any money received from the issuance of bonds for any purpose other than the purpose for which the bonds were issued.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1953 Comp., § 14-30-2, enacted by Laws 1965, ch. 300.
Nearby Sections
15
§ 3-1-1
Municipalities; short title§ 3-1-2
Definitions§ 3-1-6
Final day to act§ 3-10-4
Repealed§ 3-10-5
Repealed§ 3-10-8
Officers; delivery of records§ 3-11-1
ApplicabilityCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 3-31-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/3/3-31-2.