New Mexico Statutes
§ 62-16A-5 — Renewable energy transmission bonds; appropriation of
New Mexico·Ch. 62 Electric, Gas and Water Utilities·Art. 16A New Mexico Renewable Energy Transmission
proceeds.
A.The authority is authorized to issue and sell revenue bonds, known as "renewable energy transmission bonds", payable solely from the renewable energy transmission bonding fund, in compliance with the New Mexico Renewable Energy Transmission Authority Act, for the purpose of entering into a project when the authority determines that the project is needed.
B.The net proceeds from the bonds are appropriated to the authority for the purpose of financing or acquiring eligible facilities.
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Legislative History
Laws 2007, ch. 3, § 5.
Nearby Sections
15
§ 62-1-1
[Incorporation.]§ 62-1-1.1
Foreign corporations; powers§ 62-1-5
[General powers.]§ 62-1-7
[Applicability.]§ 62-10-10
Depositions§ 62-10-11
Certified copies; evidence§ 62-10-12
Recording orders§ 62-10-13
Fees§ 62-10-14
Decisions§ 62-10-15
Repealed