New Mexico Statutes
§ 4-48A-25 — Revenue bonds; security
A.The principal of and interest on any revenue bonds issued under the authority of the Special Hospital District Act shall be secured by a pledge of the revenues out of which such bonds shall be made payable, and may be secured by a mortgage covering all or any part of the hospital facility from which the revenues so pledged may be derived.
B.The resolution and proceedings under which such revenue bonds are authorized to be issued or any such mortgage may contain any agreement and provisions customarily contained in instruments securing bonds, including, without limiting the generality of the foregoing, provisions respecting the designation and collection of revenues from a hospital facility covered by such proceedings or mortgage, the maintenance and insurance of such hospital facility,
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New Mexico § 4-48A-25 (Revenue bonds; security) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
1978 Comp., § 4-48A-25, enacted by Laws 1981, ch. 84, § 16.
Nearby Sections
15
§ 4-1-2
[Change in south boundary.]§ 4-10-1
[County boundaries.]§ 4-10-2
[County seat.]§ 4-11-1
[County boundaries.]§ 4-11-2
[County seat; buildings.]§ 4-11-3
[Bonds for courthouse and jail.]§ 4-12-1
[County boundaries.]§ 4-12-2
[County seat; buildings.]§ 4-13-1
[County boundaries.]§ 4-13-2
[County seat; buildings.]§ 4-13-3
[Courthouse and jail bonds.]§ 4-14-1
[Original county boundaries.]§ 4-14-2
[Changes in western boundary.]§ 4-15-1
[Los Alamos county; boundaries.]