§ 4-62-1 Revenue bonds; authority to issue; pledge of revenues;
§ 4-62-1.1 Definitions
§ 4-62-2 Use of proceeds of bond issue
§ 4-62-3 Revenue bonds; terms
§ 4-62-3.1 Exemption from taxation
§ 4-62-4 Ordinance authorizing revenue bonds; two-thirds majority required; resolution authorizing revenue bonds to be issued and sold to the New Mexico finance authority
§ 4-62-5 Revenue bonds not general county obligations;
§ 4-62-6 Revenue bonds; mandatory rates for non-utility revenue- producing projects; mandamus; impairment of payment
§ 4-62-7 Revenue bonds; refunding authorization
§ 4-62-8 Refunding bonds; escrow; detail
§ 4-62-9 Refunding revenue bonds; terms
§ 4-62-10 Refunding revenue bonds; ordinance; resolution

Terms Used In New Mexico Statutes > Chapter 4 > Article 62 - Revenue Bonds

  • 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.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. Source: OCC
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • 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.
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.