6-13-17. [Issuance and sale of bonds; approval of state board of
72 words·~1 min read·
/nm/chapter-6-public-finances/article-13-institution-bonds/6-13-17·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
finance.]
That no bonds shall be finally issued and sold under the provisions of this act [6-13-1 to 6-13-26 NMSA 1978] until the approval of such issue shall have been had by the unanimous vote of the state board of finance in a regular or called meeting.
History: 1941 Comp., § 6-269, enacted by Laws 1949, ch. 121, § 16; 1953 Comp., § 11-9-17, compiled by Laws 1963, ch. 298, § 2.