Bonds issued by the authority shall be legal investments in which all insurance companies, banks and savings and loan associations organized under the laws of the state, public officers and public bodies and all administrators, guardians, executors, trustees and other fiduciaries may properly and legally invest funds.
History: Laws 2005, ch. 342, § 14.
Effective dates. — Laws 2005, ch. 342, § 24 made the act effective April 7, 2005.
Structure 2021 New Mexico Statutes
Article 25A - New Mexico Exposition Center Authority
Section 6-25A-1 - Short title.
Section 6-25A-2 - Legislative findings.
Section 6-25A-3 - Definitions.
Section 6-25A-5 - Powers of the authority.
Section 6-25A-6 - Purchases in name of the authority; documentation.
Section 6-25A-7 - Bonds of the authority; use; security.
Section 6-25A-8 - Bonds; authorization for issuance; terms and conditions.
Section 6-25A-9 - Bonds secured by trust indenture.
Section 6-25A-10 - Publication of notice; validation; limitation of action.
Section 6-25A-11 - Refunding bonds.
Section 6-25A-12 - Remedies of bondholders.
Section 6-25A-13 - Agreement of the state.
Section 6-25A-14 - Bonds; legal investment for public officers and fiduciaries.
Section 6-25A-15 - Tax exemption.
Section 6-25A-16 - Money of the authority; expenses; audit; annual report.
Section 6-25A-17 - Corporate existence.
Section 6-25A-18 - Prohibited actions.
Section 6-25A-19 - Conflicts of interest; penalty.
Section 6-25A-20 - Cumulative authority.
Section 6-25A-21 - New Mexico exposition authority oversight committee.