Section 74-10-67 – Customary provisions.
The resolution authorizing the securities or other instrument appertaining thereto may contain any agreement or provision customarily contained in instruments securing securities, including without limiting the generality of the foregoing, covenants designated in Section 73 [74-10-73 NMSA 1978] of the Solid Waste Authority Act. History: Laws 1993, ch. 319, § 67.
Section 74-10-83 – Combination of refunding and other bonds.
Bonds for refunding and bonds for any other purpose or purposes authorized in the Solid Waste Authority Act may be issued separately or issued in combination in one series or more. History: Laws 1993, ch. 319, § 83.
Section 74-10-68 – Sale of securities.
Any securities authorized in the Solid Waste Authority Act, except for warrants not issued for cash and except for temporary bonds issued pending preparation of definitive bond or bonds, shall be sold at public or private sale at, above or below par at a net effective interest rate not exceeding the maximum net effective interest […]
Section 74-10-84 – Supplemental provisions.
Except as specifically provided or necessarily implied in the Solid Waste Authority Act, the relevant provisions of that act pertaining to bonds generally shall be equally applicable in the authorization and issuance of refunding bonds, including their terms and security, the bond resolution, trust indenture, taxes and service charges and other aspects of the bonds. […]
Section 74-10-55 – Other security details.
Securities may be issued in such manner, in such form, with such recitals, terms, covenants and conditions and with such other details as may be provided by the board in the resolution authorizing the securities, or other instrument appertaining thereto, except as otherwise provided in the Solid Waste Authority Act. History: Laws 1993, ch. 319, […]
Section 74-10-56 – Reissuance of securities.
Any resolution authorizing the issuance of securities or any other instrument appertaining thereto may provide for their reissuance in other denominations in negotiable or nonnegotiable form and otherwise in such manner and form as the board may determine. History: Laws 1993, ch. 319, § 56.
Section 74-10-57 – Negotiability.
Subject to the payment provisions specifically provided in the Solid Waste Authority Act, the notes, warrants, bonds, any interest coupons thereto attached, temporary bonds and interim debentures shall be fully negotiable within the meaning of and for all the purposes of the Uniform Commercial Code [Chapter 55 NMSA 1978] except as the board may otherwise […]
Section 74-10-58 – Single bonds.
Notwithstanding any other provision of law, the board in any proceedings authorizing securities under the Solid Waste Authority Act: A. may provide for the initial issuance of one or more securities, in this section called “bond”, aggregating the amount of the entire issue or a designated portion thereof; B. may make such provision for installment […]
Section 74-10-59 – Lost or destroyed securities.
If lost or completely destroyed, any security may be reissued in the form and tenor of the lost or destroyed security upon the owner furnishing to the satisfaction of the board: A. proof of ownership; B. proof of loss or destruction; C. a surety bond in twice the face amount of the security and any […]
Section 74-10-60 – Execution of securities.
Any security shall be executed in the name of and on behalf of the authority and signed by the chairman, with the seal of the authority affixed thereto and attested by the secretary, except for securities issued in book entry or similar form without the delivery of physical securities. History: Laws 1993, ch. 319, § […]