The secretary of economic development shall serve as the chairman of the authority. Authority members shall elect any other officers from the membership that the authority determines appropriate.
History: Laws 1991, ch. 131, § 6; 1992, ch. 46, § 1; 1995, ch. 192, § 4.
The 1995 amendment, effective June 16, 1995, substituted "The secretary of economic development shall serve as the chairman of the authority" for "The governor shall appoint the chairman of the authority".
The 1992 amendment, effective May 20, 1992, deleted "from among his appointees" following "authority" at the end of the first sentence.
Structure 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 58-27-12 - 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Section 58-27-16.2 - Repealed.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 58-27-18 - 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.