The board may issue and sell enhanced 911 bonds in compliance with the Enhanced 911 Bond Act [63-9D-12 to 63-9D-20 NMSA 1978]. The board shall schedule the issuance and sale of the bonds in the most expeditious and economical manner upon a finding by the board that the division has certified that the need exists for the issuance of bonds and upon an action by the board designating the enhanced 911 fund to be the source of pledged revenues.
History: Laws 1990, ch. 61, § 6; 2001, ch. 110, § 17; 2005, ch. 203, § 11.
The 2005 amendment, effective July 1, 2005, deleted references to the "network and data base surcharge fund" and the "wireless enhanced 911 fund".
The 2001 amendment, effective July 1, 2001, inserted "the network and database surcharge fund or the wireless enhanced 911 fund" towards the end of the section.
Structure New Mexico Statutes
Chapter 63 - Railroads and Communications
Section 63-9D-1 - Short title.
Section 63-9D-2 - Findings and purpose.
Section 63-9D-3 - Definitions.
Section 63-9D-5 - Imposition of surcharge.
Section 63-9D-7 - Remittance of charges; administrative fee.
Section 63-9D-8 - Enhanced 911 fund; creation; administration; disbursement; reports to legislature.
Section 63-9D-8.1 - Division powers.
Section 63-9D-11 - Private listing subscribers and 911 service.
Section 63-9D-11.1 - Violation; penalties.
Section 63-9D-12 - Short title.
Section 63-9D-13 - Definitions.
Section 63-9D-15 - Use of proceeds of bond issue.
Section 63-9D-16 - Enhanced 911 bonds; terms.
Section 63-9D-17 - Bond authorization.
Section 63-9D-18 - Authority to refund bonds.
Section 63-9D-19 - Enhanced 911 bonds not general obligations; authentication.