New Mexico Statutes
Chapter 22 - Public Schools
Article 19 - School Revenue Bonds

Section 22-19-1 - Short title. - Sections 22-19-1 through 22-19-16 NMSA 1978 may be cited as...

Section 22-19-2 - Definitions. - As used in the School Revenue Bond Act: A. "income...

Section 22-19-3 - Income projects. - A local school board may borrow money to finance income...

Section 22-19-4 - Bonds; mortgages. - A. A local school board may issue bonds or other...

Section 22-19-5 - Determination by local school board. - Prior to borrowing money and issuing evidences of indebtedness to...

Section 22-19-6 - Report to state board [department]. - Prior to borrowing any money to finance an income project,...

Section 22-19-7 - State board [department] approval; determination by state board. - A. A local school board shall obtain written approval of...

Section 22-19-8 - Records; restriction on use of income. - A. A local school board shall retain complete and accurate...

Section 22-19-9 - Bonds; pledge of income; satisfaction of indebtedness. - A. Bonds or other special obligations issued pursuant to the...

Section 22-19-10 - Proceeds of bond sales; retirement fund. - A. Proceeds from the sale of bonds or other special...

Section 22-19-11 - Bonds; form; requirements. - All bonds or other special obligations issued pursuant to the...

Section 22-19-12 - Pledge of additional revenue. - A local school board may pledge, as security for the...

Section 22-19-13 - Refunding bonds. - A. A local school board may issue refunding bonds for...

Section 22-19-14 - Refunding bonds; issuance; sale; proceeds. - A. No bond shall be refunded pursuant to the School...

Section 22-19-15 - Exchange of bonds. - In authorizing any bonds pursuant to the School Revenue Bond...

Section 22-19-16 - Tax exemption; no charge against state. - A. Bonds or other special obligations issued pursuant to the...