Statutes > New Mexico Statutes > Chapter 6 - Public Finances. > Article 18 - Public Securities Short-Term Interest Rates, 6-18-1 through 6-18-16. > Section 6-18-5 - Applicability.

Section 6-18-5 - Applicability.

6-18-5. Applicability.

Every public body authorized to issue any bonds under any of the laws of the state for any purpose may use the provisions of the Public Securities Short-Term Interest Rate Act [6-18-1 NMSA 1978] with respect to such bonds.