In making agreements or provisions, a local government shall not obligate itself except with respect to the project and the application of the revenues and revenue bond proceeds from the project.
§ 3-60A-37 NMSA 1978
Revenue bonds; limited obligation
Laws 1979, ch. 391, § 37; 2018, ch. 60, § 35.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.