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Section 6-15-18 - [Bonds surrendered for refunding; record; destruction — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 6-15-18 - [Bonds surrendered for refunding; record; destruction

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Upon the surrender of any bonds refunded under the provisions of this act [6-15-11 to 6-15-19 NMSA 1978], there shall be entered on the records of the governing body to whom surrendered the fact of such surrender and the number, amount, date and character of the bonds so surrendered; and such bonds shall be destroyed by such governing body and the fact of such destruction shall be likewise entered on such record. History: Laws 1927, ch. 128, § 9; C.S. 1929, § 90-1109; 1941 Comp., § 7-632; 1953 Comp., § 11-6-31. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.