§ 6-21C-1 Short title
§ 6-21C-2.1 Findings and purpose
§ 6-21C-3 Definitions
§ 6-21C-4 New Mexico finance authority shall issue building bonds;
§ 6-21C-5 State building bonding fund created; money in the fund pledged
§ 6-21C-6 Authority to refund bonds
§ 6-21C-7 Building bonds; form; execution
§ 6-21C-8 Procedure for sale of building bonds
§ 6-21C-9 State Building Bonding Act is full authority for issuance of bonds; bonds are legal investments
§ 6-21C-10 Suit may be brought to compel performance of officers
§ 6-21C-11 Building bonds tax exempt

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Terms Used In New Mexico Statutes > Chapter 6 > Article 21C - State Building Bonding

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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.
  • 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.
  • 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