New Mexico Statutes
§ 6-25-10 — Use of project revenue bond proceeds
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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New Mexico § 6-25-10 (Use of project revenue bond proceeds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 2003, ch. 349, § 10; 2005, ch. 103, § 10.
Nearby Sections
15
§ 6-1-6
[Separate accounts.]§ 6-1-7
Repealed§ 6-10-1
Fiscal year designated§ 6-10-1.1
Definitions§ 6-10-1.2
Payment methods authorized; fee§ 6-10-10
Deposit and investment of funds