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Section 73-27-10 - Use of proceeds of revenue bond issue — New Mexico Law | CourtGPT
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New Mexico Legal Code

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

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