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NEW MEXICO STATUTES AND CODES
Section 5-15-28 - Bond term expiration.
5-15-28. Bond term expiration.
The terms of bonds issued pursuant to the Tax Increment for Development Act [5-15-1 NMSA 1978] for a district, including refunding bonds, shall expire not more than twenty-five years after the date that the first bonds are issued for that district.
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