The board may issue and sell enhanced 911 bonds in compliance with the Enhanced 911 Bond Act [63-9D-12 to 63-9D-20 NMSA 1978]. The board shall schedule the issuance and sale of the bonds in the most expeditious and economical manner upon a finding by the board that the division has certified that the need exists for the issuance of bonds and upon an action by the board designating the enhanced 911 fund to be the source of pledged revenues.
History: Laws 1990, ch. 61, § 6; 2001, ch. 110, § 17; 2005, ch. 203, § 11.
ANNOTATIONSThe 2005 amendment, effective July 1, 2005, deleted references to the "network and data base surcharge fund" and the "wireless enhanced 911 fund".
The 2001 amendment, effective July 1, 2001, inserted "the network and database surcharge fund or the wireless enhanced 911 fund" towards the end of the section.