New Mexico § 17-1-18 - Bonding authority
Full text of New Mexico New Mexico Statutes Annotated § 17-1-18 — Bonding authority, with citation guidance and answers to common questions.
§ 17-1-18. Bonding authority
Whenever the state game commission, by vote of a majority of its full membership entered
in its minutes, determines by resolution that it is necessary to raise funds to provide
for fish hatcheries and rearing facilities, game and fish habitat acquisition, development
and improvement projects or other similar capital outlay projects, the commission
may issue and sell bonds of the state of New Mexico as provided in the Game and Fish
Bond Act, provided that, the total amount of such bonds issued under the authority
of this act shall not exceed two million dollars ($2,000,000). The purposes stated by the commission and the amount of each bond issue shall be
approved by the state board of finance before issuance of the bonds. The commission shall report annually to the legislature any bonds issued pursuant
to this act and the purpose for which issued.
Frequently Asked Questions About New Mexico § 17-1-18
What does New Mexico Statutes Annotated § 17-1-18 cover?
Section 17-1-18 ("Bonding authority") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 17-1-18?
A common citation format is "New Mexico Statutes Annotated § 17-1-18" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 17-1-18 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.