Statutes > New Mexico Statutes > Chapter 63 - Railroads and Communications. > Article 9D - Enhanced 911, 63-9D-1 through 63-9D-20. > Section 63-9D-15 - Use of proceeds of bond issue.

Section 63-9D-15 - Use of proceeds of bond issue.

63-9D-15. Use of proceeds of bond issue.

It is unlawful to divert, use or expend any money received from the issuance of enhanced 911 bonds for any purpose other than the purposes for which the bonds were issued.