New Mexico Code § 11-1-7

Power to issue revenue bonds
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In addition to other powers, any agency, commission or board provided for by a joint
powers agreement pursuant to this Joint Powers Agreements Act may issue revenue
bonds to pay the cost and expenses of acquiring or constructing any structures, facilities
or equipment necessary to effectuate the purposes of the agreement; provided,
however, such authority shall be subject to the provisions of the Joint Powers
Agreements Act and the constitutional provisions of this state.
History: 1953 Comp., § 4-22-7, enacted by Laws 1961, ch. 135, § 7.
ARTICLE 2
Commission on Intergovernmental Cooperation

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