New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 27 - Border Development

Section 58-27-1 - Short title. - Chapter 58, Article 27 NMSA 1978 may be cited as...

Section 58-27-2 - Legislative purpose. - By enacting the Border Development Act, it is the purpose...

Section 58-27-3 - Definitions. - As used in the Border Development Act: A. "authority" means...

Section 58-27-4 - Border authority created; membership. - A. The "border authority" is created. The authority is a...

Section 58-27-5 - Authority; members' compensation. - Appointed voting members of the authority shall be reimbursed for...

Section 58-27-6 - Officers of the authority. - The secretary of economic development shall serve as the chairman...

Section 58-27-7 - Executive committee of the authority. - The chairman and four other authority voting members appointed by...

Section 58-27-8 - Vacancies on authority. - If a vacancy occurs among the appointed voting members of...

Section 58-27-9 - Meetings and records of the authority. - A. The authority shall meet at the call of the...

Section 58-27-10 - Powers and duties of authority. - A. The authority shall: (1) advise the governor and the...

Section 58-27-11 - Repealed. - Repeals. — Laws 2003, ch. 123, § 7 repeals 58-27-11...

Section 58-27-12 - Authority staff; contracts. - A. The authority shall hire an executive director who shall...

Section 58-27-13 - Location of authority. - The authority shall be located in the New Mexico-Chihuahua border...

Section 58-27-14 - Authority fees and charges. - Unless prohibited by law, the authority may fix, alter, charge...

Section 58-27-15 - Border authority; bonding authority; power to issue revenue bonds. - A. The authority may act as an issuing authority for...

Section 58-27-16 - Authority revenue bonds; terms. - A. Authority revenue bonds: (1) may have interest, appreciated principal...

Section 58-27-16.1 - Authority loans; terms. - If the authority borrows money from a financial institution or...

Section 58-27-16.2 - Repealed. - Repeals. — Laws 1995, ch. 192, § 22, repeals 58-27-16.2...

Section 58-27-16.3 - Bonds secured by trust indenture. - The bonds may be secured by a trust indenture between...

Section 58-27-17 - Authority revenue bonds and borrowed funds not general obligations; authorization; authentication. - A. Revenue bonds or refunding revenue bonds issued as authorized...

Section 58-27-18 - Security for bonds, notes or certificates of indebtedness. - The principal of and interest on any bonds, notes or...

Section 58-27-19 - Requirements respecting resolution and lease. - A. Prior to approving a resolution for the issuance of...

Section 58-27-20 - Use of proceeds from sale of bonds. - The proceeds from the sale of any bonds issued under...

Section 58-27-21 - Border authority revenue bonds; refunding authorization. - A. The authority may issue refunding revenue bonds for the...

Section 58-27-22 - Authority refunding bonds; escrow; detail. - A. Refunding bonds issued pursuant to the Border Development Act...

Section 58-27-23 - Authority refunding revenue bonds; terms. - Authority refunding revenue bonds: A. may have interest, appreciated principal...

Section 58-27-24 - Exemption from taxation. - Bonds authorized pursuant to the Border Development Act and the...

Section 58-27-25 - Fund created. - A. The "border authority fund" is created in the state...

Section 58-27-25.1 - Border project fund; created; purpose; expenditures. - A. The "border project fund" is created in the state...

Section 58-27-26 - New Mexico finance authority oversight committee; oversight powers and duties. - The New Mexico finance authority oversight committee shall serve as...