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Section 6-25-1 - Short title. - Chapter 6, Article 25 NMSA 1978 may be cited as...
Section 6-25-2 - Findings and purpose. - A. The legislature finds that: (1) it is important for...
Section 6-25-3 - Definitions. - As used in the Statewide Economic Development Finance Act: A....
Section 6-25-4 - Economic development department; additional powers. - Consistent with the provisions of the Statewide Economic Development Finance...
Section 6-25-5 - Additional duties of the economic development department and the New Mexico finance authority; opt-in agreements. - A. For the purpose of recommending projects to the authority...
Section 6-25-6 - New Mexico finance authority; additional powers and duties. - A. To implement a program to assist eligible entities in...
Section 6-25-6.1 - New Mexico finance authority; additional powers; federal new markets tax credit program. - In addition to other powers granted to the authority, the...
Section 6-25-7 - Project revenue bonds. - A. The authority may issue project revenue bonds on behalf...
Section 6-25-8 - Leases of projects. - A. Prior to the department's lease of any project to...
Section 6-25-9 - Project revenue refunding bonds. - A. Outstanding project revenue bonds may be refunded by the...
Section 6-25-10 - Use of project revenue bond proceeds. - The proceeds from the sale of project revenue bonds issued...
Section 6-25-11 - Project revenue bonds legal investments. - Project revenue bonds issued pursuant to the Statewide Economic Development...
Section 6-25-12 - Repealed. - History: Laws 2003, ch. 349, ยง 12; repealed Laws 2005,...
Section 6-25-13 - Economic development revolving fund. - A. The "economic development revolving fund" is created within the...
Section 6-25-14 - Tax impact fund. - A. The "tax impact fund" is created within the state...
Section 6-25-15 - Cumulative authority. - The Statewide Economic Development Finance Act shall be deemed to...
Section 6-25-16 - Liberal interpretation. - The Statewide Economic Development Finance Act, being necessary for the...
Section 6-25-17 - Economic development revolving fund bonds of the authority; use; security. - A. The authority may issue and sell economic development revolving...
Section 6-25-18 - Economic development revolving fund bonds; authorization for issuance; terms and conditions. - A. Economic development revolving fund bonds of the authority shall...
Section 6-25-19 - Economic development revolving fund bonds secured by trust indenture. - Economic development revolving fund bonds may be secured by a...
Section 6-25-20 - Publication of notice; validation; limitation of action. - A. After adoption of a resolution authorizing issuance of economic...
Section 6-25-21 - Refunding bonds. - The authority is authorized to issue economic development revolving fund...
Section 6-25-22 - Economic development revolving fund and project revenue bond anticipation notes. - The authority is authorized to issue negotiable economic development revolving...
Section 6-25-23 - Remedies of holders of economic development revolving fund bonds and project revenue bonds. - Any holder of economic development revolving fund bonds or project...
Section 6-25-24 - Agreement of the state. - The state pledges to and agrees with the holders of...
Section 6-25-25 - Economic development revolving fund bonds; legal investments. - The economic development revolving fund bonds or notes issued under...
Section 6-25-26 - Tax exemption. - The promotion of proposed projects pursuant to the Statewide Economic...
Section 6-25-27 - Proprietary information; confidentiality; penalty. - A. Information obtained by the department or the authority that...
Section 6-25-28 - Application of other laws. - The Statewide Economic Development Finance Act shall be deemed to...
Section 6-25-29 - Temporary provision; fund name change; outstanding bonds; fund balances. - Nothing in this act shall be deemed to impair economic...