New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 24 - Industrial and Agricultural Finance Authority

Section 58-24-1 - Short title. - Sections 1 through 23 [58-24-1 to 58-24-23 NMSA 1978] of...

Section 58-24-2 - Legislative findings; declaration of purpose. - A. The legislature hereby finds and declares that: (1) the...

Section 58-24-3 - Definitions. - As used in the Industrial and Agricultural Finance Authority Act:...

Section 58-24-4 - Authority created; directors; quorum; conflicts; compensation. - A. There is created a public body politic and corporate...

Section 58-24-5 - Powers of the authority. - The authority shall have all the powers necessary or convenient...

Section 58-24-6 - Authority; loans. - A. The authority may: (1) make, and undertake commitments to...

Section 58-24-7 - Combining loans; advising sponsors and municipalities. - A. The authority may combine for the purposes of a...

Section 58-24-8 - Rules and regulations of the board. - A. Subject to prior review by an interim committee designated...

Section 58-24-9 - Required determinations of the authority. - The authority may not issue bonds until the board has...

Section 58-24-10 - Planning, zoning and building laws. - All projects and facilities shall be subject to any applicable...

Section 58-24-11 - Bonds and notes of the authority. - A. The authority may from time to time issue its...

Section 58-24-12 - Notice; public hearing; approval. - If and to the extent deemed necessary by the authority...

Section 58-24-13 - Remedies of bondholders and noteholders. - Any holder of bonds or notes issued pursuant to the...

Section 58-24-14 - State, county and municipalities not liable on bonds and notes. - The bonds, notes and other obligations of the authority shall...

Section 58-24-15 - Agreement of the state. - The state does hereby pledge to and agree with the...

Section 58-24-16 - Bonds and notes; legal investments for public officers and fiduciaries. - The bonds and notes of the authority are hereby made...

Section 58-24-17 - Tax exemption. - A. It is hereby determined that the creation of the...

Section 58-24-18 - Limitation of liability. - Neither the members of the board nor any person acting...

Section 58-24-19 - Assistance by state officers and agencies. - All state officers and all state agencies may render such...

Section 58-24-20 - Court proceedings; preference; venue. - Any action or proceeding to which the authority or the...

Section 58-24-21 - Corporate existence. - The authority and its corporate existence shall continue until terminated...

Section 58-24-22 - Conflicts of interest. - A. If any member, officer or employee of the board...

Section 58-24-23 - Cumulative authority. - The foregoing sections [58-24-1 to 58-24-22 NMSA 1978] of the...

Section 58-24-24 - Liberal interpretation. - The Industrial and Agricultural Finance Authority Act, being necessary for...