New Mexico § 62-16A-10 New Mexico renewable energy transmission authority

New Mexico Statutes

§ 62-16A-10 — New Mexico renewable energy transmission authority

New Mexico § 62-16A-10

Ch. 62Electric, Gas and Water Utilities

Art. 16ANew Mexico Renewable Energy Transmission

This text of New Mexico § 62-16A-10 (New Mexico renewable energy transmission authority) 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. § 62-16A-10 (2026).

Text

act is full authority for issuance of bonds; bonds are legal investments.

A.The New Mexico Renewable Energy Transmission Authority Act is, without reference to any other act of the legislature, full authority for the issuance and sale of renewable energy transmission bonds, which bonds shall have all the qualities of investment securities under the Uniform Commercial Code [Chapter 55 NMSA 1978] and shall not be invalid for any irregularity or defect or be contestable in the hands of bona fide purchasers or holders thereof for value.

B.The bonds are legal investments for any person or board charged with the investment of any public funds and are acceptable as security for any deposit of public money.

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act is full authority for issuance of bonds; bonds are legal investments. A. The New Mexico Renewable Energy Transmission Authority Act is, without reference to any other act of the legislature, full authority for the issuance and sale of renewable energy transmission bonds, which bonds shall have all the qualities of investment securities under the Uniform Commercial Code [Chapter 55 NMSA 1978] and shall not be invalid for any irregularity or defect or be contestable in the hands of bona fide purchasers or holders thereof for value. B. The bonds are legal investments for any person or board charged with the investment of any public funds and are acceptable as security for any deposit of public money.