N.M. Stat. § 6-15-18
[Bonds surrendered for refunding; record; destruction.]
Upon the surrender of any bonds refunded under the provisions of this act [6-15-11
to 6-15-19 NMSA 1978], there shall be entered on the records of the governing body to
whom surrendered the fact of such surrender and the number, amount, date and
character of the bonds so surrendered; and such bonds shall be destroyed by such
governing body and the fact of such destruction shall be likewise entered on such
record.