Statutes > New Mexico Statutes > Chapter 6 - Public Finances. > Article 15 - Finances of Counties, Municipalities and School Districts, 6-15-1 through 6-15-28. > Section 6-15-7 - Maturity date of bonds; limitation.

Section 6-15-7 - Maturity date of bonds; limitation.

6-15-7. Maturity date of bonds; limitation.

Bonds issued hereunder shall never be issued to run for a longer period than twenty years from the date of the bonds.