The bonds authorized in Chapter 4, Article 49 NMSA 1978 to be issued shall be in such form and shall be payable at such place or places as the board of county commissioners may direct, with interest payable semiannually at the same place or places where the principal is made payable. The bonds, except for bonds issued in book entry or similar form without the delivery of physical securities, shall bear the seal of the county issuing them and shall be signed by the chairman of the board of county commissioners and attested by the county clerk. History: Laws 1891, ch. 83, § 2; C.L. 1897, § 350; Code 1915, § 1157; C.S. 1929, § 33-3902; 1941 Comp., § 15-4602; 1953 Comp., § 15-49-5; 1983, ch. 265, § 19. ANNOTATIONSCross references. — For restrictions on county indebtedness, see N.M. Const., art. IX, § 10. For destruction of documentary evidence of extinguished public debt, see 6-10-62 NMSA 1978.
New Mexico Legal Code