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Section 6-21-1 - Short title. - Chapter 6, Article 21 NMSA 1978 may be cited as...
Section 6-21-2 - Legislative findings; declaration of purpose. - A. The legislature finds that: (1) there are necessary state...
Section 6-21-3 - Definitions. - As used in the New Mexico Finance Authority Act: A....
Section 6-21-4 - New Mexico finance authority created; membership; qualifications; quorum; meetings; compensation; bond. - A. There is created a public body politic and corporate,...
Section 6-21-5 - Powers of the authority. - The authority is granted all powers necessary and appropriate to...
Section 6-21-5.1 - Bonds for county correctional facility loans. - The authority may issue bonds for a county to design,...
Section 6-21-5.2 - Report to legislature; authorizing instrument; delegation of authority for public securities issuances. - By September 30 of each year, the authority shall report...
Section 6-21-6 - Public project revolving fund; purpose; administration. - A. The "public project revolving fund" is created within the...
Section 6-21-6.1 - Public project revolving fund; appropriations to other funds. - A. At the end of each fiscal year, after all...
Section 6-21-6.2 - Expired. - History: Laws 1999, ch. 4, § 2; 2002, ch. 52,...
Section 6-21-6.3 - Water and wastewater project grant fund; creation; administration; purposes. - A. There is created in the authority the "water and...
Section 6-21-6.4 - Local government planning fund; creation; administration; purposes. - A. The "local government planning fund" is created within the...
Section 6-21-6.5 - New Mexico finance authority revenue bonds; purposes. - The New Mexico finance authority may issue and sell revenue...
Section 6-21-6.6 - Repealed. - History: Laws 2003, ch. 325, § 3; repealed by Laws...
Section 6-21-6.7 - Credit enhancement account created; use of account; release of money to the general fund. - A. The "credit enhancement account" is created as a separate...
Section 6-21-6.8 - Local transportation infrastructure fund; creation; purpose; administration. - A. The "local transportation infrastructure fund" is created within the...
Section 6-21-6.9 - Local transportation project revenue bonds; issuance. - A. The authority may issue and sell local transportation project...
Section 6-21-6.10 - New Mexico finance authority revenue bonds; purpose; appropriation. - A. The authority may issue and sell revenue bonds in...
Section 6-21-6.11 - Rural county cancer treatment fund created; purpose; appropriation. - The "rural county cancer treatment fund" is created in the...
Section 6-21-6.12 - Local government transportation fund; created; distributions. - A. The "local government transportation fund" is created within the...
Section 6-21-6.13 - Metropolitan court bond guarantee fund. - A. The "metropolitan court bond guarantee fund" is created in...
Section 6-21-6.14 - Lease purchase revenue bonds; lease purchase agreements. - A. If specifically authorized by law, the authority may issue...
Section 6-21-6.15 - New Mexico finance authority revenue bonds; authorized; university of New Mexico hospital and university of New Mexico health sciences center. - A. The New Mexico finance authority may issue and sell...
Section 6-21-7 - Public project finance program; duties of authority. - The authority has the following duties: A. to develop and...
Section 6-21-8 - Public project finance program; loans; purchase or sale of securities. - To implement a program to assist qualified entities in financing...
Section 6-21-9 - Public project financing; powers of qualified entities. - A qualified entity may: A. obligate itself to pay to...
Section 6-21-10 - Purchases in name of authority; documentation. - A. All tangible and intangible property, real and personal property...
Section 6-21-11 - Bonds of the authority; use; security. - A. The authority may issue and sell bonds in principal...
Section 6-21-12 - Bonds; authorization for issuance; terms and conditions. - A. Bonds of the authority shall be authorized by resolution...
Section 6-21-13 - Bonds secured by trust indenture. - The bonds may be secured by a trust indenture between...
Section 6-21-14 - Publication of notice; validation; limitation of action. - A. After adoption of a resolution authorizing issuance of bonds,...
Section 6-21-15 - Refunding bonds. - The authority is authorized to issue its bonds for the...
Section 6-21-16 - Bond anticipation notes. - The authority is authorized to issue negotiable bond anticipation notes...
Section 6-21-17 - Remedies of bondholders. - Any holder of bonds issued pursuant to the New Mexico...
Section 6-21-18 - Agreement of the state. - The state does hereby pledge to and agree with the...
Section 6-21-19 - Bonds; legal investments for public officers and fiduciaries. - The bonds issued under the authority of the New Mexico...
Section 6-21-20 - Tax exemption. - A. It is hereby determined that the creation of the...
Section 6-21-21 - Money of the authority; expenses; audit; annual report. - A. All money of the authority, except as otherwise authorized...
Section 6-21-22 - Corporate existence. - The authority and its corporate existence shall continue until terminated...
Section 6-21-23 - Prohibited actions. - The authority shall not: A. lend money or make a...
Section 6-21-24 - Conflicts of interest; penalty. - A. If any member, officer or employee of the authority...
Section 6-21-25 - Limitation of liability. - Neither any member of the authority nor any person acting...
Section 6-21-26 - Court proceedings; preference; venue. - Any action or proceeding to which the authority or the...
Section 6-21-27 - Cumulative authority. - The New Mexico Finance Authority Act shall be deemed to...
Section 6-21-28 - Liberal interpretation. - The New Mexico Finance Authority Act, being necessary for the...
Section 6-21-29 - Severability. - If any part or application of the New Mexico Finance...
Section 6-21-30 - New Mexico finance authority oversight committee. - There is created a joint interim legislative committee that shall...
Section 6-21-31 - Powers and duties. - The New Mexico finance authority oversight committee shall: A. monitor...