Any securities authorized in the Solid Waste Authority Act, except for warrants not issued for cash and except for temporary bonds issued pending preparation of definitive bond or bonds, shall be sold at public or private sale at, above or below par at a net effective interest rate not exceeding the maximum net effective interest rate permitted by the Public Securities Act [ 6-14-1 to 6-14-3 NMSA 1978] as amended and supplemented by the Solid Waste Authority Act.
§ 74-10-68 NMSA 1978
Sale of securities
Known as the Solid Waste Act
The act spans §§ 74–74 (460 sections).
Laws 1993, ch. 319, § 68.
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.