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Current as of January 01, 2024 | Updated by Findlaw Staff
Severance tax bonds and supplemental severance tax bonds shall be signed and attested by the state treasurer and shall be executed with the facsimile signature of the governor and the facsimile seal of the state, except for bonds issued in book entry or similar form without the delivery of physical securities. Any interest coupons attached to the bonds shall bear the facsimile signature of the state treasurer, which officer, by the execution of the bonds, shall adopt as his own signature the facsimile thereof appearing on the coupons. Except for bonds issued in book entry or similar form without the delivery of physical securities, the Uniform Facsimile Signature of Public Officials Act 1 shall apply, and the state board of finance shall determine the manual signature to be affixed on the bonds.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 7. Taxation § 7-27-17. Execution of bonds - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-7-taxation/nm-st-sect-7-27-17/
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