§ 6-12-1 [Borrowing or investing permanent funds to pay interest on state bonds.]
§ 6-12-2 Certificates of indebtedness and interest; treasurer may borrow to pay
§ 6-12-4 [Public sale of securities.]
§ 6-12-5 [Application of act.]
§ 6-12-6 State refunding bonds; authorized; purpose
§ 6-12-7 Refunding bond issuance; procedure
§ 6-12-8 Refunding bonds; formal requisites; registration
§ 6-12-9 [Manner of payment of principal and interest; maturity in annual installment; schedule of maturities.]
§ 6-12-10 [Validity.]
§ 6-12-11 [Exchange for bonds to be refunded; sale; disposition of proceeds.]
§ 6-12-12 [Irrepealable contract; irregularities and defects waived;
§ 6-12-13 [Tax levy for payment; continuance of levies for bonds to be refunded; application of receipts.]
§ 6-12-14 [Bonds surrendered for refunding; entries; destruction.]
§ 6-12-15 State bond guarantee fund; creation; purposes
lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In New Mexico Statutes > Chapter 6 > Article 12 - State Indebtedness

  • Contract: A legal written agreement that becomes binding when signed.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Statute: A law passed by a legislature.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC