New Mexico Statutes

§ 6-21-9 — Public project financing; powers of qualified entities

New Mexico·Ch. 6 Public Finances·Art. 21 Finance Authority
A qualified entity may: A. obligate itself to pay to the authority at periodic intervals a sum sufficient to pay all or part of debt service or other obligation, including fees and other charges imposed by the authority with respect to bonds issued by the authority to fund a public project, and to make such payments to the authority for deposit in the fund or account designated by the authority; B. fulfill any obligation to pay the authority by the issuance of bonds in accordance with the laws authorizing such issuance by the qualified entity; provided that notwithstanding the provisions of any law to the contrary, such bonds may be sold at private sale to the authority at the price and upon the terms and conditions the qualified entity shall determine; C. levy, collect and pay to the auth

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Legislative History

Laws 1992, ch. 61, § 9; 2001, ch. 294, § 5.

Nearby Sections

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