New Mexico § 67-3-73 - Transportation bonds; terms
Full text of New Mexico New Mexico Statutes Annotated § 67-3-73 — Transportation bonds; terms, with citation guidance and answers to common questions.
§ 67-3-73. Transportation bonds; terms
Transportation bonds issued by the state transportation commission: A. shall be payable at such times as the commission may provide; B. may be subject to prior redemption at the commission's option at such time and
upon such terms and conditions, with or without payment of premiums, as may be provided
in the resolution of the commission; C. may mature at any time not exceeding fifty years after the date of issuance; D. may be serial in form and maturity and may consist of one bond payable at one time
or in installments or may be in such other form as may be determined by the commission; E. shall be sold for cash at, above or below par and at the effective interest rate
approved by the state board of finance; and F. may be sold at a public or private sale.
Frequently Asked Questions About New Mexico § 67-3-73
What does New Mexico Statutes Annotated § 67-3-73 cover?
Section 67-3-73 ("Transportation bonds; terms") 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 § 67-3-73?
A common citation format is "New Mexico Statutes Annotated § 67-3-73" (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 § 67-3-73 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.