N.M. Stat. § 3-25-4
§ 3-25-4. Financing acquisition of gas or geothermal utility
Year: 2026Length: 47 words
The acquisition of facilities of a municipal gas or geothermal utility shall only be financed from funds received from the issuance and sale of bonds as authorized in Sections 3-30-5 through 3-30-8 and 3-31-1 through 3-31-12 NMSA 1978 except as provided in Section 3-23-4 NMSA 1978 .