The New Mexico finance authority may issue and sell revenue bonds payable from the public project revolving fund in compliance with the New Mexico Finance Authority Act in installments or at any one time in an amount not to exceed one million dollars ($1,000,000), the net proceeds of which shall be deposited in the water and wastewater planning fund and used for the purposes of the fund.
History: Laws 2002, ch. 26, § 3.
ANNOTATIONSEmergency clauses. — Laws 2002, ch. 26, § 4 contained an emergency clause and was approved March 4, 2002.