New Mexico Statutes 22-18-7. Authority to issue bonds
Current as of: 2023 | Check for updates
|
Other versions
If a majority of those persons voting on a question submitted to the voters in a bond election vote for creating a debt by issuing general obligation bonds, the local school board may, subject to the approval of the attorney general, proceed to issue the bonds.
Terms Used In New Mexico Statutes 22-18-7
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.