As used in the 2005 Public Securities Validation Act:
A. "public body" of the state means any state educational institution or other state institution, its board of regents or other governing body thereof constituting a body corporate, any county, city, town, village, school district, irrigation district, drainage district, conservancy district, sanitation district, water district, commission, authority or other political subdivision of the state constituting a body corporate;
B. "public security" means a bond, note certificate of indebtedness or other obligation for the payment of money, issued by this state or by any public body thereof; and
C. "state" means the state of New Mexico and any board, commission, department, corporation, instrumentality or agency thereof.
History: Laws 1988, ch. 85, § 2; 2005, ch. 266, § 2.
Compiler's notes. — For citations to similar previous validation acts, see compiler's notes following 6-16-1 NMSA 1978.
Effective dates. — Laws 2005, ch. 266, § 6 made the act effective April 6, 2005.
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