Nothing in this act shall be deemed to impair economic development bonds or loan participations outstanding on the effective date of this act. The economic development revolving fund is the new name for the statewide loan participation fund and is not a new fund created by this act.
§ 6-25-29 NMSA 1978
Temporary provision; fund name change; outstanding bonds; fund balances
Known as the Statewide Economic Development Finance Act
The act spans §§ 6–6 (30 sections).
Laws 2005, ch. 103, § 26.
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.