New Mexico Statutes
§ 74-10-54 — Capitalization of costs
New Mexico § 74-10-54
This text of New Mexico § 74-10-54 (Capitalization of costs) 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. § 74-10-54 (2026).
Text
Any resolution authorizing the issuance of securities or other instrument appertaining thereto may capitalize interest on any securities during any period of construction or other acquisition estimated by the board and one year thereafter and any other cost of any project by providing for the payment of the amount capitalized from the proceeds of the securities.
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Legislative History
Laws 1993, ch. 319, § 54.
Nearby Sections
15
§ 74-1-1
Short title§ 74-1-10
Penalty§ 74-1-11
Repealed§ 74-1-15
Repealed§ 74-1-15.2
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Bluebook (online)
New Mexico § 74-10-54, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/74/74-10-54.