6-12-14. [Bonds surrendered for refunding; entries; destruction.]
86 words·~1 min read·
/nm/chapter-6-public-finances/article-12-state-indebtedness/6-12-14·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon the surrender of any bonds refunded under the provisions of this act [6-12-6 to 6-12-14 NMSA 1978], there shall be entered on the records of the state auditor the fact of such surrender and the number, amount, date and character of the bonds so surrendered; and such bonds shall be destroyed by the state board of finance and the fact of such destruction shall be likewise entered on such record.
History: Laws 1935, ch. 4, § 9; 1941 Comp., § 7-514; 1953 Comp., § 11-5-14.