Allocations and carryforward election allocations are not assignable by an issuing authority.
History: Laws 1988, ch. 46, § 9.
Applicability. — Laws 1988, ch. 46, § 12, effective March 4, 1988, makes the Private Activity Bond Act effective retroactive to January 1, 1988, and applicable to all private activity bonds issued after that date.
Structure New Mexico Statutes
Article 20 - Private Activity Bonds
Section 6-20-3 - Allocation of state ceiling.
Section 6-20-4 - Issuance of private activity bonds.
Section 6-20-5 - Request for allocation.
Section 6-20-7 - Carryforward election allocations.
Section 6-20-9 - Assignments of allocations and carryforward election allocations.