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Code · New Mexico · Chapter 6 — Public Finances · Article 21 — Finance Authority

6-21-17. Remedies of bondholders.

121 words·~1 min read·/nm/chapter-6-public-finances/article-21-finance-authority/6-21-17·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Any holder of bonds issued pursuant to the New Mexico Finance Authority Act or a trustee under a trust indenture entered into pursuant to that act, except to the extent that his rights are restricted by any bond resolution or trust indenture authorized pursuant to the bond resolution, may protect and enforce, by any suitable form of legal proceedings, any rights under the laws of this state or granted by the bond resolution or trust indenture authorized pursuant to the bond resolution. Such rights include the right to compel the performance of all duties of the authority required by the New Mexico Finance Authority Act or the bond resolution and to enjoin unlawful activities.
History: Laws 1992, ch. 61, § 17.
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