2021 New Mexico Statutes
Article 25 - Statewide Economic Development
Section 6-25-1 - Short title.

Chapter 6, Article 25 NMSA 1978 may be cited as the "Statewide Economic Development Finance Act".
History: Laws 2003, ch. 349, § 1; 2005, ch. 103, § 1.
The 2005 amendment, effective April 4, 2005, substituted "Chapter 6, Article 25 NMSA 1978" for "Sections 1 through 16 of this act".

Structure 2021 New Mexico Statutes

2021 New Mexico Statutes

Chapter 6 - Public Finances

Article 25 - Statewide Economic Development

Section 6-25-1 - Short title.

Section 6-25-2 - Findings and purpose.

Section 6-25-3 - Definitions.

Section 6-25-4 - Economic development department; additional powers.

Section 6-25-5 - Additional duties of the economic development department and the New Mexico finance authority; opt-in agreements.

Section 6-25-6 - New Mexico finance authority; additional powers and duties.

Section 6-25-6.1 - New Mexico finance authority; additional powers; federal new markets tax credit program.

Section 6-25-7 - Project revenue bonds.

Section 6-25-8 - Leases of projects.

Section 6-25-9 - Project revenue refunding bonds.

Section 6-25-10 - Use of project revenue bond proceeds.

Section 6-25-11 - Project revenue bonds legal investments.

Section 6-25-12 - Repealed.

Section 6-25-13 - Economic development revolving fund.

Section 6-25-14 - Tax impact fund.

Section 6-25-15 - Cumulative authority.

Section 6-25-16 - Liberal interpretation.

Section 6-25-17 - Economic development revolving fund bonds of the authority; use; security.

Section 6-25-18 - Economic development revolving fund bonds; authorization for issuance; terms and conditions.

Section 6-25-19 - Economic development revolving fund bonds secured by trust indenture.

Section 6-25-20 - Publication of notice; validation; limitation of action.

Section 6-25-21 - Refunding bonds.

Section 6-25-22 - Economic development revolving fund and project revenue bond anticipation notes.

Section 6-25-23 - Remedies of holders of economic development revolving fund bonds and project revenue bonds.

Section 6-25-24 - Agreement of the state.

Section 6-25-25 - Economic development revolving fund bonds; legal investments.

Section 6-25-26 - Tax exemption.

Section 6-25-27 - Proprietary information; confidentiality; penalty.

Section 6-25-28 - Application of other laws.

Section 6-25-29 - Temporary provision; fund name change; outstanding bonds; fund balances.