Statutes > New Mexico Statutes > Chapter 6 - Public Finances. > Article 13 - Institution Bonds, 6-13-1 through 6-13-26. > Section 6-13-17 - Issuance and sale of bonds; approval of state board of finance.

Section 6-13-17 - Issuance and sale of bonds; approval of state board of finance.

6-13-17. [Issuance and sale of bonds; approval of state board of finance.]

That no bonds shall be finally issued and sold under the provisions of this act [6-13-1 to 6-13-26 NMSA 1978] until the approval of such issue shall have been had by the unanimous vote of the state board of finance in a regular or called meeting.