Section 6-14-5 - Definitions. - New Mexico Statutes

6-14-5. Definitions.

As used in the Public Securities Limitation of Action Act [6-14-4 NMSA 1978];   

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.