Section 6-25A-5 – Powers of the authority.
The authority may: A. sue and be sued; B. adopt and alter an official seal; C. make and alter bylaws for its organization and internal management and adopt, subject to the review and approval of the New Mexico exposition center authority oversight committee, rules necessary and appropriate to implement the provisions of the New Mexico […]
Section 6-25A-6 – Purchases in name of the authority; documentation.
A. All tangible and intangible property, real and personal property and securities purchased, held or owned by the authority shall be purchased and held in the name of the authority, or may be mortgaged, assigned or otherwise encumbered as security for the repayment of bonds issued by the authority. B. All securities purchased by the […]
Section 6-25A-7 – Bonds of the authority; use; security.
A. The authority may issue and sell bonds in principal amounts it considers necessary to provide sufficient money for the purposes of the New Mexico Exposition Center Authority Act, including: (1) purchase of securities; (2) making loans through the purchase of securities; (3) making grants for projects from money available to the authority; (4) the […]