New Mexico Statutes

§ 4-62-2 — Use of proceeds of bond issue

New Mexico·Ch. 4 Counties·Art. 62 Revenue Bonds
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., § 4-62-2, enacted by Laws 1992, ch. 95, § 2.

Nearby Sections

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