New Mexico Statutes
§ 4-48B-19 — Use of proceeds of bond issue
New Mexico § 4-48B-19
This text of New Mexico § 4-48B-19 (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. § 4-48B-19 (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.
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Legislative History
1978 Comp., § 4-48B-19, enacted by Laws 1981, ch. 83, § 19.
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.]Cite This Page — Counsel Stack
Bluebook (online)
New Mexico § 4-48B-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/4/4-48B-19.