A. The board of trustees may issue bonds in such form as the board of trustees may determine for the purpose of refunding any of the general obligation bonded indebtedness of the special hospital district which has or may hereafter become due and payable, or which has or may hereafter become payable at the option of the special hospital district or by consent of the bondholder, or by any lawful means.
B. The procedures set forth in Sections 6-15-12 through 6-15-22 NMSA 1978 shall govern the board of trustees with respect to the issuance, sale and payment of principal and interest on refunding bonds of the special hospital district.
History: 1978 Comp., § 4-48A-15, enacted by Laws 1978, ch. 29, § 15; 1983, ch. 265, § 16.
Structure New Mexico Statutes
Article 48A - Special Hospital Districts
Section 4-48A-1 - Short title.
Section 4-48A-2 - Definitions.
Section 4-48A-3.1 - Artesia special hospital district.
Section 4-48A-3.2 - Nor-Lea special hospital district.
Section 4-48A-3.3 - Jal special hospital district.
Section 4-48A-4 - Formation of special hospital district; petition.
Section 4-48A-5 - Formation of special hospital district; election.
Section 4-48A-5.1 - Voting in certain special hospital districts after formation.
Section 4-48A-6 - Board of trustees; terms; vacancies; removal.
Section 4-48A-7 - Board of trustees; qualifications; automatic removal.
Section 4-48A-8 - Board of trustees; organization; bond.
Section 4-48A-9 - Board of trustees; powers.
Section 4-48A-10 - Board of trustees; duties.
Section 4-48A-11 - Board of trustees; acquisition of existing hospital facilities; agreements.
Section 4-48A-12 - Board of trustees; issue of bonds.
Section 4-48A-13 - Bonds; form; interest; maturities.
Section 4-48A-14 - Imposition of tax for payment of bonds.
Section 4-48A-15 - Refunding bonds.
Section 4-48A-16 - Special tax imposed for special hospital district.
Section 4-48A-17 - Election procedures.
Section 4-48A-18 - Dissolution of the special hospital district.
Section 4-48A-20 - Hospital revenue bonds; authority to issue; pledge of revenues.
Section 4-48A-21 - Use of proceeds of bond issue.
Section 4-48A-22 - Revenue bonds; terms.
Section 4-48A-23 - Resolution authorizing revenue bonds.
Section 4-48A-24 - Revenue bonds not general obligations of special hospital district.
Section 4-48A-25 - Revenue bonds; security.
Section 4-48A-26 - Revenue bonds; exemption from taxation.
Section 4-48A-27 - Election not required.