2021 New Mexico Statutes
Chapter 22 - Public Schools
Article 19A - Teacher Housing Revenue Bond

Section 22-19A-1 - Short title. - This act [22-19A-1 to 22-19A-12 NMSA 1978] may be cited...

Section 22-19A-2 - Definitions. - As used in the Teacher Housing Revenue Bond Act: A....

Section 22-19A-3 - Bonds not general obligations of school district or state. - A. A local school board may issue bonds to finance...

Section 22-19A-4 - Determination by local school board; federal payments. - A. Prior to issuing bonds to finance the purchase, construction,...

Section 22-19A-5 - Report to state board [department]; state board approval. - A. Prior to issuing bonds to finance a housing project,...

Section 22-19A-6 - Records; restriction on use of income. - A. A local school board shall retain complete and accurate...

Section 22-19A-7 - Bonds; pledge of income. - A. Bonds shall be payable solely from any or all...

Section 22-19A-8 - Proceeds of bond sales; retirement fund; reserve fund. - A. Proceeds from the sale of bonds shall be deposited...

Section 22-19A-9 - Bonds; form; requirements. - All bonds issued pursuant to the Teacher Housing Revenue Bond...

Section 22-19A-10 - Refunding bonds. - A. A local school board may issue refunding bonds to...

Section 22-19A-11 - Refunding bonds; issuance; sale; proceeds. - A. A bond shall not be refunded unless it matures...

Section 22-19A-12 - Tax exemption; no charge against state. - Bonds are exempt from taxation by the state or any...