§ 5-7-1 Short title
§ 5-7-2 Definitions
§ 5-7-3 Fire district bonds; authority to issue; pledge of revenues;
§ 5-7-4 Use of proceeds of bond issue
§ 5-7-5 Fire district bonds; terms
§ 5-7-6 Ordinance authorizing fire district bonds; two-thirds majority required
§ 5-7-7 Fire district bonds not general county or municipal obligations; authentication

Terms Used In New Mexico Statutes > Chapter 5 > Article 7 - Fire District Bonds

  • 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