N.M. Stat. § 4-48A-23

Current through 2024, ch. 69

Section 4-48A-23 - Resolution authorizing revenue bonds

At a regular or special meeting called for the purpose of issuing revenue bonds as authorized pursuant to the Special Hospital District Act, the board of trustees may adopt a resolution that:

A. declares the necessity for issuing revenue bonds;

B. authorizes the issuance of revenue bonds by an affirmative vote of a majority of all the members of the board of trustees of the special hospital district; or

C. designates the source of the pledge [pledged] revenues.

NMS § 4-48A-23

1978 Comp., § 4-48A-23, enacted by Laws 1981, ch. 84, § 14.