New Mexico Statutes
§ 5-5-23 — Revenue bond charges
New Mexico § 5-5-23
This text of New Mexico § 5-5-23 (Revenue bond charges) 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. § 5-5-23 (2026).
Text
Whenever revenue bonds are issued hereunder, it shall be the duty of the governing body to impose, in connection with the revenues and proceeds pledged for their payment, tolls, rates, charges, fees, license taxes, other excise taxes or quasi-excise taxes fully sufficient to pay the principal of and interest on the bonds, and to carry out all commitments made in the proceedings authorizing their issuance.
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Legislative History
1953 Comp., § 6-9-23, enacted by Laws 1959, ch. 300, § 23.
Nearby Sections
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Short title§ 5-10-12
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Local Economic Development Act fund§ 5-10-2
Findings and purpose of act§ 5-10-3
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 5-5-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/5/5-5-23.