No law authorizing indebtedness shall be enacted which does not provide for levying a tax sufficient to pay the interest, and for the payment at maturity of the principal.[1]
N.M. Const. art. IV, § 29 — under Legislative Department.
N.M. Const. art. IV, § 29
Laws Creating Debts
No law authorizing indebtedness shall be enacted which does not provide for levying a tax sufficient to pay the interest, and for the payment at maturity of the principal.[1]