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Current as of January 01, 2024 | Updated by Findlaw Staff
As used in the Public Securities Limitation of Action Act;
A. “public security” means a bond, note, certificate of indebtedness or other obligation for the payment of money, issued by this state or by any public body thereof;
B. “state” means the state of New Mexico and any board, commission, department, corporation, instrumentality or agency thereof; and
C. “public body” of the state means any state educational institution or other state institution, its board of regents or other governing body thereof constituting a body corporate, any county, city, town, village, school district, irrigation district, drainage district, conservancy district, sanitation district, water district, commission, authority or other political subdivision of the state constituting a body corporate.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 6. Public Finances § 6-14-5. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-6-public-finances/nm-st-sect-6-14-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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