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NEW MEXICO STATUTES AND CODES
Section 4-59-9.1 - Procedure for issuing industrial revenue bonds or refunding bonds.
4-59-9.1. Procedure for issuing industrial revenue bonds or refunding bonds.
Prior to the issuance of industrial revenue bonds or refunding bonds for acquisition or improvement of a water utility or a joint water utility, New Mexico public utility commission approval, as required by the Public Utility Act [62-13-1 NMSA 1978], shall be obtained. H class counties shall obtain New Mexico public utility commission approval as required by Section 3-23-3 NMSA 1978.
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