Section 73-27-10 - Use of proceeds of revenue bond issue.

NM Stat § 73-27-10 (2019) (N/A)
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It is unlawful to divert, use or expend any money received from the issuance of revenue bonds for any purpose other than the purpose for which the revenue bonds were issued.

History: Laws 2010, ch. 39, § 10.

Effective dates. — Laws 2010, ch. 39, § 21 made the Eastern New Mexico Water Utility Authority Act effective July 1, 2010.