New Mexico Statutes 73-16-34. [Interest rate; sale to governmental agencies without advertisement.]
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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.
Terms Used In New Mexico Statutes 73-16-34
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.