New Mexico Statutes

§ 6-19-14 — Security for revenue bonds

New Mexico § 6-19-14
JurisdictionNew Mexico
Ch. 6Public Finances
Art. 19Economic Advancement Districts

This text of New Mexico § 6-19-14 (Security for revenue bonds) 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. § 6-19-14 (2026).

Text

The principal or interest on any revenue bonds issued under authority of the Economic Advancement District Act shall be secured by a pledge of the revenues out of which such bonds shall be made payable, may be secured by a mortgage covering all or any part of the project from the revenues so pledged and may be derived and may be secured by a pledge of the lease of the project.

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Legislative History

Laws 1987, ch. 115, § 14.

Nearby Sections

15
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Bluebook (online)
New Mexico § 6-19-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/6/6-19-14.