New Mexico § 71-10-9 - Bonds not obligation of the state or a county
Full text of New Mexico New Mexico Statutes Annotated § 71-10-9 — Bonds not obligation of the state or a county, with citation guidance and answers to common questions.
§ 71-10-9. Bonds not obligation of the state or a county
Except as otherwise provided in the Electric Generating Facility Economic District
Act, all bonds or other obligations issued pursuant to that act are payable solely
from the revenues of the district that may be pledged to the payment of such obligations,
and the bonds or other obligations shall not create an obligation, debt or liability
of the state or any other of its political subdivisions. No breach of any pledge, obligation or agreement or a district shall impose a pecuniary
liability or a charge upon the general credit or taxing power of the state or any
other of its political subdivisions.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 71-10-9
What does New Mexico Statutes Annotated § 71-10-9 cover?
Section 71-10-9 ("Bonds not obligation of the state or a county") 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 § 71-10-9?
A common citation format is "New Mexico Statutes Annotated § 71-10-9" (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 § 71-10-9 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.