New Mexico § 16-2-24 - Sale of bonds
Full text of New Mexico New Mexico Statutes Annotated § 16-2-24 — Sale of bonds, with citation guidance and answers to common questions.
§ 16-2-24. Sale of bonds
Bonds issued under this State Park and Recreation Bond Act shall be sold at not less
than par value plus accrued interest to the date of delivery, and may be sold at public
or private sale, as determined by the state park and recreation director. If sold at public sale, the director shall give notice of the time, place and terms
of the sale by publication in a newspaper published in Santa Fe, New Mexico, not less
than ten days prior to date of sale. Bonds issued under the State Park and Recreation Bond Act shall not be purchased
by the state investment officer or state investment council.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 16-2-24
What does New Mexico Statutes Annotated § 16-2-24 cover?
Section 16-2-24 ("Sale of bonds") 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 § 16-2-24?
A common citation format is "New Mexico Statutes Annotated § 16-2-24" (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 § 16-2-24 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.