The board may issue and sell enhanced 911 bonds in compliance with the Enhanced 911 Bond Act [ 63-9D-12 to 63-9D-20 NMSA 1978]. The board shall schedule the issuance and sale of the bonds in the most expeditious and economical manner upon a finding by the board that the division has certified that the need exists for the issuance of bonds and upon an action by the board designating the enhanced 911 fund to be the source of pledged revenues.
§ 63-9D-17 NMSA 1978
Bond authorization
Laws 1990, ch. 61, § 6; 2001, ch. 110, § 17; 2005, ch. 203, § 11.
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.