Anticipation notes are not a general obligation of the state, but are payable solely out of anticipated revenues that have been pledged for their payment. History: Laws 1997, ch. 111, § 15. ARTICLE 13 Institution Bonds
Anticipation notes not a general obligation of the state
NMSA 1978, § 6-12A-15 — under Article 12A.
NMSA 1978, § 6-12A-15