New Mexico § 5-4-13 Ordinance or resolution issuing bonds; validation

New Mexico Statutes

§ 5-4-13 — Ordinance or resolution issuing bonds; validation

New Mexico § 5-4-13

Ch. 5Municipalities and Counties

Art. 4Playgrounds and Recreational Equipment

This text of New Mexico § 5-4-13 (Ordinance or resolution issuing bonds; validation) 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. § 5-4-13 (2026).

Text

At any regular or special meeting called for the purpose of issuing recreational revenue bonds, the governing body of the municipality or H-class county by ordinance, or board of county commissioners of a county, by resolution, each adopted by a two- thirds vote of all the members of the governing body or board of county commissioners, whichever is applicable, may issue recreational revenue bonds authorized in Section 5- 4-10 NMSA 1978. The revenue bonds shall be: A. signed by the presiding officer of the governing body of the municipality or board of county commissioners; B. attested by the municipal clerk or county clerk; C. validated by the seal of the municipality or county; or the revenue bonds may be authenticated as provided under the Uniform Facsimile Signature of Public Officials 

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At any regular or special meeting called for the purpose of issuing recreational revenue bonds, the governing body of the municipality or H-class county by ordinance, or board of county commissioners of a county, by resolution, each adopted by a two- thirds vote of all the members of the governing body or board of county commissioners, whichever is applicable, may issue recreational revenue bonds authorized in Section 5- 4-10 NMSA 1978. The revenue bonds shall be: A. signed by the presiding officer of the governing body of the municipality or board of county commissioners; B. attested by the municipal clerk or county clerk; C. validated by the seal of the municipality or county; or the revenue bonds may be authenticated as provided under the Uniform Facsimile Signature of Public Officials Act [6-9-1 to 6-9-6 NMSA 1978]; and D. if such bonds bear coupons, the coupons shall bear the facsimile signature of the treasurer of the municipality or county.