The issuer, or any trustee or custodian on behalf of the issuer, may invest any funds held by it as provided in the ordinance authorizing the issuance of the bonds or a trust indenture executed pursuant thereto.
§ 58-18A-10 NMSA 1978
Investment of funds
Known as the Municipal Mortgage Finance Act
The act spans §§ 58–58 (12 sections).
Laws 1979, ch. 381, § 10.
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.