NMSA 22-19A-8. Proceeds of bond sales; retirement fund; reserve fund
The local school board must establish a debt service fund for bond payments, and it may establish a debt service reserve fund if pledged revenue is not enough.
AI-assisted research synopsis — verify against the official legal text below.
- Jurisdiction
- United States — New Mexico
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Updated
- Official source
- View official record ↗
bond proceeds debt service fund reserve fund
Publicly available, excluded from search-engine indexing
This page remains available for direct access and API use, but this release emits
noindex,follow for the following reason:
- The record does not meet this release's canonical indexing criteria.
(market-indexing-disabled)
Statute overview
About this statute
This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.
Ask AI about this statute
NMSA 22-19A-8. Proceeds of bond sales; retirement fund; reserve fund
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign in