NMSA 22-18-12. Budgetary provisions; payment of principal and interest — United States — New Mexico law | Esheria

NMSA 22-18-12. Budgetary provisions; payment of principal and interest

A local school board must set up approved budget provisions to pay bond principal and interest when due; the school district’s full faith and credit is pledged to those bonds; and county commissioners must levy and collect the tax needed to pay them.

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Jurisdiction
United States — New Mexico
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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bond payment school district bonding tax levy

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