New Mexico Statutes

§ 6-20-7 — Carryforward election allocations

New Mexico § 6-20-7
JurisdictionNew Mexico
Ch. 6Public Finances
Art. 20Private Activity Bonds

This text of New Mexico § 6-20-7 (Carryforward election allocations) 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. § 6-20-7 (2026).

Text

An issuing authority may submit to the board a request for carryforward election allocation with respect to private activity bonds proposed to be issued to finance bonds for a specified carryforward purpose. The date for submission of such requests shall be established by the board annually. A separate request must be submitted for each carryforward purpose, except that a request for carryforward election allocation with respect to qualified student loan bonds or qualified mortgage bonds may cover all proposed issuances of student loan bonds and qualified mortgage bonds. Not later than December 26 of a calendar year or the next business day if December 26 is a holiday, the board shall issue carryforward election allocations in amounts determined by the board, to the extent that sufficient

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Legislative History

Laws 1988, ch. 46, § 7.

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
New Mexico § 6-20-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/6/6-20-7.