6-14-9. Definitions.
191 words·~1 min read·
/nm/chapter-6-public-finances/article-14-public-securities/6-14-9·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As used in the Supplemental Public Securities Act:
A. "authorizing instrument" means the ordinance, resolution, other official action or any applicable combination thereof by which public securities are authorized to be issued by a public body;
B. "public body" means this state or any department, board, agency or instrumentality of the state, any county, city, town, village, school district, other district or educational institution or any other governmental agency or political subdivision of the state or the New Mexico finance authority;
C. "public securities" means any bonds, notes, loans, warrants or other obligations now or hereafter authorized to be issued by any public body pursuant to the provisions of any general or special statute, any constitutional or statutory charter or any other law; and
D. "registrar" means the treasurer or any other officer of the public body or of any other public body or any corporate or other trustee, registrar, paying agent, transfer agent, custodian or other financial intermediary within the United States as may be appointed or designated in the authorizing instrument.
History: 1978 Comp., § 6-14-9, enacted by Laws 1983, ch. 265, § 2; 2017, ch. 120, § 1.