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Use of proceeds of bond issue

NMSA 1978, § 4-48B-19
in effect
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4-48B-19. Use of proceeds of bond issue It is unlawful to divert, use or expend any money received from the issuance of bonds for any purpose other than the purpose for which the bonds were issued. 1978 Comp., § 4-48B-19, enacted by Laws 1981, ch. 83, § 19.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18505/index.do#!b/4-48B-19Fetched: 10/20/2026

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