Statutes > New Mexico Statutes > Chapter 72 - Water Law. > Article 16 - Albuquerque Metropolitan Arroyo Flood Control, 72-16-1 through 72-16-103. > Section 72-16-82 - Method of issuance.

Section 72-16-82 - Method of issuance.

72-16-82. Method of issuance.

Any bonds issued for refunding purposes may either be delivered in exchange for the outstanding bonds authorized to be refunded or may be sold as provided in this act [72-16-1 to 72-16-103 NMSA 1978] for the sale of other bonds.