Section 58-18-15 - State and municipalities not liable on bonds and notes.

NM Stat § 58-18-15 (2019) (N/A)
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The bonds, notes and other obligations of the authority shall not be a debt of the state or of any municipality, and neither the state nor any municipality shall be liable thereon.

History: 1953 Comp., § 13-19-15, enacted by Laws 1975, ch. 303, § 15.