N.M. Stat. § 22-19B-3

Current through 2024, ch. 69

Section 22-19B-3 - Definitions

As used in the School District Bond Anticipation Notes Act:

A. "bond anticipation note" means a security evidencing an obligation of the school district that precedes the issuance of general obligation bonds; and

B. "general obligation bond" means indebtedness issued by a school district that constitutes a debt for the purpose of Article 9, Section 11 of the constitution of New Mexico.

NMS § 22-19B-3

Laws 2002, ch. 54, § 3.