[Interest rate; sale to governmental agencies without

NMSA 1978, § 73-16-34 — under Article 16.

NMSA 1978, § 73-16-34

advertisement.] The bonds authorized under the provisions hereof shall bear a rate of interest not exceeding 6%, and the same may be sold to the United States government, the reconstruction finance corporation or any federal or state governmental agency without advertisement. History: Laws 1935, ch. 37, § 5; 1941 Comp., § 77-2933; 1953 Comp., § 75-30-33.