New Mexico Code § 72-14-42

Approval of issue
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No bonds shall be finally issued and sold under this act [72-14-36, 72-14-38 to 72-14-42 NMSA 1978] until the issue shall have been approved by a majority of the state board of finance in a regular or called meeting.
History: 1953 Comp., § 75-34-39, enacted by Laws 1957, ch. 190, § 6.

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