Every public body authorized to issue any bonds under any of the laws of the state for any purpose may use the provisions of the Public Securities Short-Term Interest Rate Act with respect to such bonds.
History: Laws 1983, ch. 161, ยง 5.
Structure 2021 New Mexico Statutes
Article 18 - Public Securities Short-Term Interest Rates
Section 6-18-2 - Findings and declarations of necessity.
Section 6-18-3 - Legislative intent.
Section 6-18-5 - Applicability.
Section 6-18-6 - Short-term bonds.
Section 6-18-7 - Variable rate demand bonds.
Section 6-18-8 - Credit facilities.
Section 6-18-8.1 - Contracts to exchange interest rates, cash flows or limit exposure.
Section 6-18-9 - Trust agreements.
Section 6-18-10 - General provisions.
Section 6-18-12 - Provisions for interest payments; tax levy.
Section 6-18-13 - Finding of necessity by local governments.
Section 6-18-14 - Interest; refunding; approval by local government; additional findings.
Section 6-18-15 - Liberal construction; alternative authority.