Additionally secured securities

NMSA 1978, § 74-10-45 — under Article 10.

NMSA 1978, § 74-10-45

The board, in connection with such additionally secured securities, in the resolution authorizing their issuance or other instrument appertaining thereto, may pledge all or a portion of such revenues, subject to any prior pledges, as additional security for such payment of such securities, and at its option may deposit such revenues in a fund created to pay the securities or created to secure additionally their payment. History: Laws 1993, ch. 319, § 45.