Chapter 3, Article 32 NMSA 1978 may be cited as the "Industrial Revenue Bond Act".
History: 1953 Comp., § 14-31-1.1, enacted by Laws 1967, ch. 84, § 1; 1997, ch. 216, § 1; 1997, ch. 226, § 1.
The 1997 amendment, effective June 20, 1997, made stylistic changes to the compilation reference at the beginning of the section. Laws 1997, ch. 216, § 1 enacted identical amendments to this section. The section was set out as amended by Laws 1997, ch. 226, § 1. See 12-1-8 NMSA 1978.
Structure New Mexico Statutes
Article 32 - Industrial Revenue Bonds
Section 3-32-1 - Industrial Revenue Bond Act; definitions.
Section 3-32-3 - Addition to definitions.
Section 3-32-4 - Legislative intent.
Section 3-32-5 - Additional legislative intent.
Section 3-32-5.1 - Small communities; definition; attracting physicians.
Section 3-32-6 - Additional powers conferred on municipalities.
Section 3-32-6.1 - Notice to county.
Section 3-32-6.2 - Electric transmission projects; payments to the state.
Section 3-32-7 - Bonds issued to finance projects.
Section 3-32-8 - Security for bonds.
Section 3-32-9 - Requirements respecting lease.
Section 3-32-10 - Refunding bonds.
Section 3-32-11 - Use of proceeds from sale of bonds.
Section 3-32-12 - No contribution by municipality.
Section 3-32-13 - Bonds made legal investments.
Section 3-32-14 - Exemption from taxation.