No depository bond with personal sureties shall be accepted as security for deposits of public money. History: Laws 1933, ch. 175, § 10; 1941 Comp., § 7-218; 1953 Comp., § 11-2-20; 1991, ch. 31, § 3.
Ineligible depository bonds
NMSA 1978, § 6-10-19 — under Article 10.
NMSA 1978, § 6-10-19