New Mexico Statutes
Article 27 - Border Development
Section 58-27-1 - Short title.

Chapter 58, Article 27 NMSA 1978 may be cited as the "Border Development Act".
History: Laws 1991, ch. 131, § 1; 2009, ch. 44, § 1.
Cross references. — For additional powers conferred on counties with respect to projects, see 4-59-4 NMSA 1978.
For the duties and general powers of the secretary of economic development, see 9-15-6 NMSA 1978.
For New Mexico trade promotion, see 9-15-28 NMSA 1978.
The 2009 amendment, effective June 19, 2009, added the chapter and article reference to the act.

Structure New Mexico Statutes

New Mexico Statutes

Chapter 58 - Financial Institutions and Regulations

Article 27 - Border Development

Section 58-27-1 - Short title.

Section 58-27-2 - Legislative purpose.

Section 58-27-3 - Definitions.

Section 58-27-4 - Border authority created; membership.

Section 58-27-5 - Authority; members' compensation.

Section 58-27-6 - Officers of the authority.

Section 58-27-7 - Executive committee of the authority.

Section 58-27-8 - Vacancies on authority.

Section 58-27-9 - Meetings and records of the authority.

Section 58-27-10 - Powers and duties of authority.

Section 58-27-11 - Repealed.

Section 58-27-12 - Authority staff; contracts.

Section 58-27-13 - Location of authority.

Section 58-27-14 - Authority fees and charges.

Section 58-27-15 - Border authority; bonding authority; power to issue revenue bonds.

Section 58-27-16 - Authority revenue bonds; terms.

Section 58-27-16.1 - Authority loans; terms.

Section 58-27-16.2 - Repealed.

Section 58-27-16.3 - Bonds secured by trust indenture.

Section 58-27-17 - Authority revenue bonds and borrowed funds not general obligations; authorization; authentication.

Section 58-27-18 - Security for bonds, notes or certificates of indebtedness.

Section 58-27-19 - Requirements respecting resolution and lease.

Section 58-27-20 - Use of proceeds from sale of bonds.

Section 58-27-21 - Border authority revenue bonds; refunding authorization.

Section 58-27-22 - Authority refunding bonds; escrow; detail.

Section 58-27-23 - Authority refunding revenue bonds; terms.

Section 58-27-24 - Exemption from taxation.

Section 58-27-25 - Fund created.

Section 58-27-25.1 - Border project fund; created; purpose; expenditures.

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