N.M. Stat. § 6-13-23

Current through 2024, ch. 69

Section 6-13-23 - Refunding; payment of bonds

Refunding bonds issued under the Institution Bond Act may be made payable from income from the permanent fund and from the income and current fund of the issuing institution, regardless of any modification thereby effected of the pledge of these sources for payment of the outstanding bonds to be retired and refunded.

NMS § 6-13-23

1953 Comp., § 11-9-23, enacted by Laws 1963, ch. 298, § 11.