State Codes and Statutes
Statutes > New-mexico > Chapter-6 > Article-19 > Section-6-19-146-19-14. Security for revenue bonds.
The principal or interest on any revenue bonds issued under authority of the Economic Advancement District Act [6-19-1 to 6-19-18 NMSA 1978] shall be secured by a pledge of the revenues out of which such bonds shall be made payable, may be secured by a mortgage covering all or any part of the project from the revenues so pledged and may be derived and may be secured by a pledge of the lease of the project.
