New Mexico § 74-10-72 Validity unaffected by use of proceeds

New Mexico Statutes

§ 74-10-72 — Validity unaffected by use of proceeds

New Mexico·Ch. 74 Environmental Improvement·Art. 10 Solid Waste Authority

The validity of such securities shall not be dependent on nor affected by the validity or regularity of any proceedings relating to the acquisition or improvement and equipment of the project or the proper completion of any project for which the securities are issued. The purchaser or purchasers of the securities shall in no manner be responsible for the application of the proceeds of the securities by the authority or any of its officers, agents and employees.

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

The validity of such securities shall not be dependent on nor affected by the validity or regularity of any proceedings relating to the acquisition or improvement and equipment of the project or the proper completion of any project for which the securities are issued. The purchaser or purchasers of the securities shall in no manner be responsible for the application of the proceeds of the securities by the authority or any of its officers, agents and employees.

New Mexico § 74-10-72 (Validity unaffected by use of proceeds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.