2021 New Mexico Statutes
Article 13 - Institution Bonds
Section 6-13-1 - Short title.

Sections 6-13-1 through 6-13-26 NMSA 1978 may be cited as the "Institution Bond Act."
History: 1953 Comp., § 11-9-1, enacted by Laws 1963, ch. 298, § 1.
Effect of presenting coupons maturing subsequent to redemption date. — Under the express provisions of the bonds to be redeemed and the bond resolution, it is necessary that the institution pay the principal and accrued interest to date of the redemption of such bonds, only when the appurtenant coupons maturing subsequent to the redemption date are presented. 1965 Op. Att'y Gen. No. 65-61.
Am. Jur. 2d, A.L.R. and C.J.S. references. — Validity, under state constitution and laws, of issuance by state or state agency of revenue bonds to finance or refinance construction projects at private religious-affiliated colleges or universities, 95 A.L.R.3d 1000.

Structure 2021 New Mexico Statutes

2021 New Mexico Statutes

Chapter 6 - Public Finances

Article 13 - Institution Bonds

Section 6-13-1 - Short title.

Section 6-13-2 - State institutions.

Section 6-13-3 - General borrowing authority.

Section 6-13-4 - General bonding authority.

Section 6-13-5 - Bonds; form; terms.

Section 6-13-6 - [Sale of bonds.]

Section 6-13-7 - [Proceeds from sale of bonds; building and improvement fund; expenditures.]

Section 6-13-8 - [Interest and retirement fund; establishment; purpose.]

Section 6-13-9 - [Pledge of income from permanent funds of state institutions.]

Section 6-13-10 - [Permanent funds from disposition of lands held in trust for state institutions; investment.]

Section 6-13-11 - Bond payment.

Section 6-13-12 - [Income from permanent funds of institutions; payment to interest and retirement fund; duties of state treasurer.]

Section 6-13-13 - [Bonds issued in series.]

Section 6-13-14 - [Limitation on amount of issue.]

Section 6-13-15 - [Exemption from taxation.]

Section 6-13-16 - [Funds derived from sale of bonds; restrictions on use.]

Section 6-13-17 - [Issuance and sale of bonds; approval of state board of finance.]

Section 6-13-18 - Security; priority of liens.

Section 6-13-19 - Refunding; purposes.

Section 6-13-20 - Refunding; issuance of bonds.

Section 6-13-21 - Refunding; conditions of bonds.

Section 6-13-22 - Refunding; escrowed proceeds.

Section 6-13-23 - Refunding; payment of bonds.

Section 6-13-24 - Refunding; bonds retired.

Section 6-13-25 - Refunding; priority of liens.

Section 6-13-26 - Refunding; procedures.

Appendix - Appendix to Article 13