That all bonds heretofore issued under authority of the act hereby amended, and the proceedings adopted for the authorization and issuance of such bonds, are hereby validated, ratified and confirmed, and all such bonds and proceedings are hereby found and declared to be fully valid, effective and enforceable in accordance with the terms thereof.
History: 1953 Comp., § 73-29-14.2, enacted by Laws 1957, ch. 245, § 4.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Compiler's notes. — "The act hereby amended" seemingly refers to Laws 1939, ch. 177, compiled as 6-17-1 to 6-17-13 NMSA 1978, except 6-17-1.1 NMSA 1978.
Structure New Mexico Statutes
Article 17 - Finances of State Educational Institutions
Section 6-17-1 - Income-producing buildings and improvements; authority to borrow funds.
Section 6-17-1.1 - Definitions.
Section 6-17-2 - Resolution for issuance of bonds for income-producing projects.
Section 6-17-3 - Conditions of income-producing project bonds.
Section 6-17-4 - Determination of charges relating to income-producing projects.
Section 6-17-5 - Determination of charges relating to income-producing projects.
Section 6-17-8 - Records and expenditures for income-producing projects.
Section 6-17-10 - [Tax exemption of income-producing project bonds.]
Section 6-17-11 - Security for income-producing bonds; rules and regulations.
Section 6-17-12 - Debt against state not to be created by income-producing project bonds.
Section 6-17-13 - [Institutional bond statutes not affected by income-producing bond law.]
Section 6-17-14 - Pledge of additional revenue.
Section 6-17-15 - Refunding bonds; convertibility.
Section 6-17-16 - [Validation.]
Section 6-17-17 - Refunding bonds.