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    • Legislation USA
    • 2021 New Mexico Statutes
    • Chapter 4 - Counties
    • Article 59 - County Industrial Revenue Bonds
    • Section 4-59-16 - Liberal interpretation.

    2021 New Mexico Statutes
    Article 59 - County Industrial Revenue Bonds
    Section 4-59-16 - Liberal interpretation.

    The County Industrial Revenue Bond Act shall be liberally construed to carry out its purposes.
    History: 1953 Comp., § 15-60-16, enacted by Laws 1975, ch. 286, § 16.

    << Previous

    Structure 2021 New Mexico Statutes

    2021 New Mexico Statutes

    Chapter 4 - Counties

    Article 59 - County Industrial Revenue Bonds

    Section 4-59-1 - Short title.

    Section 4-59-2 - Definitions.

    Section 4-59-3 - Legislative intent.

    Section 4-59-4 - Additional powers conferred on counties.

    Section 4-59-4.1 - Notice.

    Section 4-59-4.2 - Electric transmission projects; payments to the state.

    Section 4-59-5 - Bonds issued to finance projects.

    Section 4-59-6 - Security for bonds.

    Section 4-59-7 - Requirements respecting lease.

    Section 4-59-8 - Refunding bonds.

    Section 4-59-9 - Use of proceeds from sale of bonds.

    Section 4-59-9.1 - Procedure for issuing industrial revenue bonds or refunding bonds.

    Section 4-59-10 - No contribution by county.

    Section 4-59-11 - Bonds made legal investments.

    Section 4-59-12 - Exemption from taxation.

    Section 4-59-13 - Construction of act.

    Section 4-59-14 - No notice or publication required.

    Section 4-59-15 - State board of finance.

    Section 4-59-16 - Liberal interpretation.

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