The bonds authorized under the provisions hereof shall bear a rate of interest not exceeding 6%, and the same may be sold to the United States government, the reconstruction finance corporation or any federal or state governmental agency without advertisement.
§ 73-16-34 NMSA 1978
[Interest rate; sale to governmental agencies without advertisement.]
Laws 1935, ch. 37, § 5; 1941 Comp., § 77-2933; 1953 Comp., § 75-30-33.
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.