New Mexico § 74-10-45 Additionally secured securities

New Mexico Statutes

§ 74-10-45 — Additionally secured securities

New Mexico § 74-10-45

Ch. 74Environmental Improvement

Art. 10Solid Waste Authority

This text of New Mexico § 74-10-45 (Additionally secured securities) 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. § 74-10-45 (2026).

Text

The board, in connection with such additionally secured securities, in the resolution authorizing their issuance or other instrument appertaining thereto, may pledge all or a portion of such revenues, subject to any prior pledges, as additional security for such payment of such securities, and at its option may deposit such revenues in a fund created to pay the securities or created to secure additionally their payment.

Free access — add to your briefcase to read the full text and ask questions with AI

The board, in connection with such additionally secured securities, in the resolution authorizing their issuance or other instrument appertaining thereto, may pledge all or a portion of such revenues, subject to any prior pledges, as additional security for such payment of such securities, and at its option may deposit such revenues in a fund created to pay the securities or created to secure additionally their payment.