New Mexico § 74-6A-7 Loan program; administration

New Mexico Statutes

§ 74-6A-7 — Loan program; administration

New Mexico·Ch. 74 Environmental Improvement·Art. 6A Wastewater Facility Construction Loans

A.The division shall establish a program to provide financial assistance to qualified borrowers, individually or jointly, for eligible projects. The division as agent of the commission is authorized to enter into contracts and other agreements to carry out the provisions of the Wastewater Facility Construction Loan Act, including contracts and agreements with federal agencies, local authorities and other parties.

B.The commission shall adopt a system for the ranking of eligible projects for financial assistance.

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

A. The division shall establish a program to provide financial assistance to qualified borrowers, individually or jointly, for eligible projects. The division as agent of the commission is authorized to enter into contracts and other agreements to carry out the provisions of the Wastewater Facility Construction Loan Act, including contracts and agreements with federal agencies, local authorities and other parties. B. The commission shall adopt a system for the ranking of eligible projects for financial assistance.

New Mexico § 74-6A-7 (Loan program; administration) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.