New Mexico Statutes

§ 6-25-10 — Use of project revenue bond proceeds

New Mexico § 6-25-10
JurisdictionNew Mexico
Ch. 6Public Finances
Art. 25Statewide Economic Development

This text of New Mexico § 6-25-10 (Use of project revenue bond proceeds) 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. § 6-25-10 (2026).

Text

The proceeds from the sale of project revenue bonds issued pursuant to the Statewide Economic Development Finance Act shall be applied only for the purpose for which the bonds were issued and costs related to the project. The cost of any project shall include the following: A. all expenses in connection with the authorization, sale and issuance of the bonds; and B. capitalized interest on the bonds for a reasonable time.

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Legislative History

Laws 2003, ch. 349, § 10; 2005, ch. 103, § 10.

Nearby Sections

15
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Bluebook (online)
New Mexico § 6-25-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/6/6-25-10.