Bonds issued hereunder shall never be issued to run for a longer period than twenty years from the date of the bonds. History: Laws 1929, ch. 201, § 5; C.S. 1929, § 16-105; 1941 Comp., § 7-620; 1953 Comp., § 11-6-19; Laws 1973, ch. 393, § 4. ANNOTATIONSCross references. — For limitation on issuance of bonds, see 6-15-9 NMSA 1978. Am. Jur. 2d, A.L.R. and C.J.S. references. — 64 Am. Jur. 2d Public Securities and Obligations § 173. 20 C.J.S. Counties § 222; 64 C.J.S. Municipal Corporations §§ 1690 to 1693; 79 C.J.S. Schools and School Districts § 371; 87 C.J.S. Towns § 215.
New Mexico Legal Code