Allocations and carryforward election allocations are not assignable by an issuing authority. History: Laws 1988, ch. 46, § 9. ANNOTATIONSApplicability. — Laws 1988, ch. 46, § 12, effective March 4, 1988, makes the Private Activity Bond Act effective retroactive to January 1, 1988, and applicable to all private activity bonds issued after that date.
New Mexico Legal Code