§ 6-15-1 Bonds payable from ad valorem taxes; notice of proposed issuance
§ 6-15-2 Bond issues; local government division of the department of finance and administration or public education department to furnish information; transcripts of proceedings; disposition
§ 6-15-3 Bonds; forms; interest; maturities
§ 6-15-4 Tax levy for payment of bonds
§ 6-15-5 Sale of bonds
§ 6-15-6 [Bids for bonds refused; return of deposits.]
§ 6-15-7 Maturity date of bonds; limitation
§ 6-15-8 [“Municipal corporation” as used in Sections 6-15-3 to 6-15-
§ 6-15-9 Bonds authorized at election; time limit on issuance;
§ 6-15-10 Unissued bonds authorized at election; when void;
§ 6-15-11 Refunding bonds of county, municipality or school district;
§ 6-15-12 Ordinance or resolution for refunding bonds; contents;
§ 6-15-13 Execution of refunding bonds; interest coupons; mode of payment; installments
§ 6-15-14 Levy of taxes to pay annual installments and interest
§ 6-15-15 Exchange for bonds to be refunded; sales
§ 6-15-16 [Record of refunding bonds.]
§ 6-15-17 [Retired refunding bonds to be destroyed.]
§ 6-15-18 [Bonds surrendered for refunding; record; destruction.]
§ 6-15-19 [Definition of terms.]
§ 6-15-20 Application of bond proceeds; procedures; limitations
§ 6-15-21 Contributions securing payment of bonds
§ 6-15-22 Creation of sinking funds to secure payment of bonds
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 15 - Finances of Counties, Municipalities and School

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Trustee: A person or institution holding and administering property in trust.