reglab/housing_qa huggingface dataset:
NM Stat § 74-10-30 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-30 - Elections for imposition of ad valorem taxes.

Whenever the board shall determine by resolution that the interest of the authority and the public interest or necessity demand the imposition of a general ad valorem tax, the board shall certify the rate of ad valorem tax needed and shall order the submission of the proposition of imposing the ad valorem tax to the qualified electors residing within the authority. Any such election may be held separate or may be consolidated or held concurrent with any other election authorized by the Solid Waste Authority Act. Such resolution shall also fix the date upon which the election shall be held, the manner of holding the same, the method of voting for or against the imposition of the proposed ad valorem tax, shall designate the polling place or places and shall appoint for each polling place from the qualified electors of the district the officers of such election consisting of three judges, one of whom shall act as clerk. History: Laws 1993, ch. 319, § 30.
NM Stat § 74-10-31 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-31 - Conduct of election.

Elections for imposition of ad valorem taxes shall be conducted in a manner prescribed by the laws of the state for the conduct of general elections and in accordance with the provisions and procedures outlined in the Solid Waste Authority Act for the election of directors. History: Laws 1993, ch. 319, § 31.
NM Stat § 74-10-32 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-32 - Sinking fund.

Whenever any indebtedness has been incurred by the authority, it is lawful for the board to levy taxes and to collect revenue for the purpose of creating a reserve fund in such amount as the board may determine, which may be used to meet the obligations of the authority, for maintenance and operating charges and depreciation, and to provide improvements for the authority. History: Laws 1993, ch. 319, § 32.
NM Stat § 74-10-33 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-33 - Manner of levying and collecting taxes.

It is the duty of the body having authority to levy taxes within each county to levy the taxes provided in Subsection I of Section 27 [74-10-27 NMSA 1978] of the Solid Waste Authority Act, and elsewhere in that act. It is the duty of all officials charged with collecting taxes to collect such taxes at the time and in the form and manner and with like interest and penalties as other general ad valorem taxes are collected, and when collected, to pay the same to the authority. The payment of such collection shall be made monthly to the treasurer of the authority and paid into the depository thereof to the credit of the authority. All general ad valorem taxes levied under that act, together with interest thereon and penalties for default in payment thereof, and all costs of collecting the same constitute until paid a perpetual lien on and against the property taxed, and such lien is on a parity with the tax lien of other general ad valorem taxes. History: Laws 1993, ch. 319, § 33.
NM Stat § 74-10-34 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-34 - Delinquent taxes.

If the general ad valorem taxes levied are not paid, then delinquent real property shall be sold at the regular tax sale for the payment of such taxes, interest and penalties, in the manner provided by the statutes of the state for selling real property for the nonpayment of general taxes. If there are no bids at the tax sale for the property so offered, the property shall be struck off to the county, and the county shall account to the authority in the same manner as provided by law for accounting for school, town and city taxes. Delinquent personal property shall be distrained and sold as provided by law. History: Laws 1993, ch. 319, § 34.
NM Stat § 74-10-36 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-36 - Effect of extraterritorial functions.

All of the powers, privileges, immunities and rights, exemptions from laws, ordinances and rules, all pension, relief, disability, workers' compensation and other benefits which apply to the activity of officers, agents or employees of the authority or any such public body when performing their respective functions within the territorial limits of the respective public agencies apply to them to the same degree and extent while engaged in the performance of any of their functions and duties extraterritorially under the Solid Waste Authority Act. History: Laws 1993, ch. 319, § 36.
NM Stat § 74-10-37 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-37 - Forms of borrowing.

Upon the conditions and under the circumstances set forth in the Solid Waste Authority Act, the authority, to carry out the purposes of that act, from time to time may borrow money to defray the cost of any project, or any part thereof, as the board may determine and issue the following securities to evidence such borrowing: A. notes; B. warrants; C. bonds; D. temporary bonds; and E. interim debentures. History: Laws 1993, ch. 319, § 37.
NM Stat § 74-10-38 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-38 - Issuance of notes.

The authority is authorized to borrow money without an election in anticipation of taxes or other revenues, or both, and to issue notes to evidence the amount so borrowed. History: Laws 1993, ch. 319, § 38.
NM Stat § 74-10-39 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-39 - Issuance of warrants.

The authority is authorized to defray the cost of any services, supplies, equipment or other materials furnished to or for the benefit of the authority by the issuance of warrants to evidence the amount due therefor, without an election, in anticipation of taxes or other revenues, or both. History: Laws 1993, ch. 319, § 39.
NM Stat § 74-10-40 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-40 - Maturities of notes and warrants.

Notes and warrants may mature at such time not exceeding one year from the respective dates of their issuance as the board may determine. They shall not be extended or funded except by the issuance of bonds or interim debentures in compliance with Sections 41 and 43 [74-10-41 and 74-10-43 NMSA 1978] of the Solid Waste Authority Act. History: Laws 1993, ch. 319, § 40.
NM Stat § 74-10-41 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-41 - Issuance of bonds and incurrence of debt.

The authority is authorized to borrow money in anticipation of taxes or other revenues, or both, and to issue bonds to evidence the amount so borrowed. No bonded indebtedness or any other indebtedness not payable in full within one year, except for interim debentures as provided in Sections 43 and 86 through 88 [74-10-43 and 74-10-86 to 74-10-88 NMSA 1978] of the Solid Waste Authority Act, shall be created by the authority without first submitting a proposition of issuing such bonds to the qualified electors of the authority and being approved by a majority of such electors voting thereon at an election held for that purpose in accordance with Sections 13 through 17 [74-10-13, 74-10-14, 74-10-15 NMSA 1978] of that act. Bonds so authorized may be issued in one series or more and may mature at such time or times not exceeding forty years from their issuance as the board may determine. The total of all outstanding indebtedness at any one time shall not exceed thirty million dollars ($30,000,000) without prior approval of the state legislature. History: Laws 1993, ch. 319, § 41. ANNOTATIONSCompiler's notes. — Laws 2019, ch. 212, § 284 repealed 74-10-16 and 74-10-17 NMSA 1978, effective April 3, 2019.
NM Stat § 74-10-42 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-42 - Issuance of temporary bonds.

The authority is authorized to issue temporary bonds, pending preparation of definitive bond or bonds and exchangeable for the definitive bond or bonds when prepared, as the board may determine. Each temporary bond shall set forth substantially the same conditions, terms and provisions as the definitive bond for which it is exchanged. Each holder of any such temporary security shall have all the rights and remedies which he would have as a holder of the definitive bond or bonds. History: Laws 1993, ch. 319, § 42.
NM Stat § 74-10-43 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-43 - Issuance of interim debentures.

The authority is authorized to borrow money and to issue interim debentures evidencing construction or short-term loans for the acquisition or improvement and equipment of the solid waste system or any project in supplementation of long-term financing and the issuance of bonds as provided in Sections 86 through 88 [74-10-86 to 74-10-88 NMSA 1978] of the Solid Waste Authority Act. History: Laws 1993, ch. 319, § 43.
NM Stat § 74-10-44 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-44 - Payment of securities.

All securities issued by the authority shall be authorized by resolution. The authority may pledge its full faith and credit for the payment of any securities authorized in the Solid Waste Authority Act, the interest thereon, any prior redemption premium or premiums and any charges appertaining thereto. Securities may constitute the direct and general obligations of the authority. Their payment may be secured by a specific pledge of tax proceeds and other revenues of the authority as the board may determine. History: Laws 1993, ch. 319, § 44.
NM Stat § 74-10-45 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-45 - Additionally secured securities.

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.
NM Stat § 74-10-46 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-46 - Pledge of revenues.

Any such revenues pledged directly or as additional security for the payment of securities of any one issue or series, which revenues are not exclusively pledged therefor, may subsequently be pledged directly or as additional security for the payment of the securities of one or more issue or series subsequently authorized. History: Laws 1993, ch. 319, § 46.
NM Stat § 74-10-47 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-47 - Ranking among different issues.

All securities of the same issue or series shall, subject to the prior and superior rights of outstanding securities, claims and other obligations, have a prior, paramount and superior lien on the revenues pledged for the payment of the securities over and ahead of any lien thereagainst subsequently incurred of any other securities; provided, however, the resolution authorizing, or other instrument appertaining to, the issuance of any securities may provide for the subsequent authorization of bonds or other securities the lien for the payment of which on such revenues is on a parity with the lien thereon of the subject securities upon such conditions and subject to such limitations as the resolution or other instrument may provide. History: Laws 1993, ch. 319, § 47.
NM Stat § 74-10-48 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-48 - Ranking among securities of same issue.

All securities of the same issue or series shall be equally and ratably secured without priority by reason of number, date of maturity, date of securities, of sale, of execution or of delivery, by a lien on such revenues in accordance with the provisions of the Solid Waste Authority Act and the resolution authorizing, or other instrument appertaining to, such securities, except to the extent such resolution or other instrument otherwise expressly provides. History: Laws 1993, ch. 319, § 48.
NM Stat § 74-10-49 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-49 - Payment recital in securities.

Each security issued under the Solid Waste Authority Act shall recite in substance that the security and the interest on that security are payable solely from the revenues or other money pledged to the payment of those revenues. Securities specifically pledging the full faith and credit of the authority for their payment shall so state. History: Laws 1993, ch. 319, § 49.
NM Stat § 74-10-50 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-50 - Incontestable recital in securities.

Any resolution authorizing, or other instrument appertaining to, any securities under the Solid Waste Authority Act may provide that each security authorized by such a resolution shall recite that it is issued under authority of that act. Such recital shall conclusively impart full compliance with all of the provisions of that act, and all securities issued containing such recital shall be incontestable for any cause whatsoever after their delivery for value. History: Laws 1993, ch. 319, § 50.
NM Stat § 74-10-51 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-51 - Limitations upon payment of securities.

The payment of securities shall not be secured by an encumbrance, mortgage or other pledge of property of the authority, except for revenues, income, tax proceeds and other money pledged for the payment of securities. No property of the authority, subject to such exception, shall be liable to be forfeited or taken in payment of the securities. History: Laws 1993, ch. 319, § 51.
NM Stat § 74-10-52 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-52 - Limitations upon incurring any debt.

Nothing in the Solid Waste Authority Act shall be construed as creating or authorizing the creation of an indebtedness on the part of any municipality or other public body included in the authority or elsewhere located. History: Laws 1993, ch. 319, § 52.
NM Stat § 74-10-53 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-53 - Security details.

Any securities authorized to be issued in the Solid Waste Authority Act shall bear the date or dates, shall be in the denomination or denominations, shall mature at the time or times but in no event exceeding forty years from their date or any shorter limitation provided in that act, shall bear interest which may be evidenced by one or two sets of coupons, payable annually or semiannually, except that the first coupon or coupons, if any, appertaining to any security may represent interest for any period not in excess of one year, as may be prescribed by resolution or other instrument; and the securities and any coupons shall be payable in the medium of payment at any banking institution or other place or places within or without the state, including but not limited to the office of the treasurer of the county in which the authority is located wholly or in part, as determined by the board, and the securities at the option of the board may be in one or more series, may be made subject to prior redemption in advance of maturity in the order or by lot or otherwise at the time or times without or with the payment of the premium or premiums not exceeding six percent of the principal amount of each security so redeemed, as determined by the board. History: Laws 1993, ch. 319, § 53.
NM Stat § 74-10-54 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-54 - Capitalization of costs.

Any resolution authorizing the issuance of securities or other instrument appertaining thereto may capitalize interest on any securities during any period of construction or other acquisition estimated by the board and one year thereafter and any other cost of any project by providing for the payment of the amount capitalized from the proceeds of the securities. History: Laws 1993, ch. 319, § 54.
NM Stat § 74-10-55 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-55 - Other security details.

Securities may be issued in such manner, in such form, with such recitals, terms, covenants and conditions and with such other details as may be provided by the board in the resolution authorizing the securities, or other instrument appertaining thereto, except as otherwise provided in the Solid Waste Authority Act. History: Laws 1993, ch. 319, § 55.
NM Stat § 74-10-56 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-56 - Reissuance of securities.

Any resolution authorizing the issuance of securities or any other instrument appertaining thereto may provide for their reissuance in other denominations in negotiable or nonnegotiable form and otherwise in such manner and form as the board may determine. History: Laws 1993, ch. 319, § 56.
NM Stat § 74-10-57 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-57 - Negotiability.

Subject to the payment provisions specifically provided in the Solid Waste Authority Act, the notes, warrants, bonds, any interest coupons thereto attached, temporary bonds and interim debentures shall be fully negotiable within the meaning of and for all the purposes of the Uniform Commercial Code [Chapter 55 NMSA 1978] except as the board may otherwise provide. Each holder of such security, or of any coupon appertaining thereto, by accepting such security or coupon shall be conclusively deemed to have agreed that such security or coupon, except as otherwise provided, is and shall be fully negotiable within the meaning and for all purposes of that code. History: Laws 1993, ch. 319, § 57.
NM Stat § 74-10-58 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-58 - Single bonds.

Notwithstanding any other provision of law, the board in any proceedings authorizing securities under the Solid Waste Authority Act: A. may provide for the initial issuance of one or more securities, in this section called "bond", aggregating the amount of the entire issue or a designated portion thereof; B. may make such provision for installment payments of the principal amount of any such bond as it may consider desirable; C. may provide for the making of any such bond payable to bearer or otherwise, registrable as to principal or as to both principal and interest, and where interest accruing thereon is not represented by interest coupons, for the endorsing of payments of interest on such bonds; and D. may further make provision in any such proceedings for the manner and circumstances in and under which any such bond may in the future, at the request of the holder thereof, be converted into securities of smaller denominations, which securities of smaller denominations may in turn be either coupon bonds or bonds registrable as to principal or principal and interest or both. History: Laws 1993, ch. 319, § 58.
NM Stat § 74-10-59 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-59 - Lost or destroyed securities.

If lost or completely destroyed, any security may be reissued in the form and tenor of the lost or destroyed security upon the owner furnishing to the satisfaction of the board: A. proof of ownership; B. proof of loss or destruction; C. a surety bond in twice the face amount of the security and any coupons; and D. payment of the cost of preparing and issuing the new security. History: Laws 1993, ch. 319, § 59.
NM Stat § 74-10-60 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-60 - Execution of securities.

Any security shall be executed in the name of and on behalf of the authority and signed by the chairman, with the seal of the authority affixed thereto and attested by the secretary, except for securities issued in book entry or similar form without the delivery of physical securities. History: Laws 1993, ch. 319, § 60.
NM Stat § 74-10-61 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-61 - Interest coupons.

Except for any bonds which are registrable for payment of interest, interest coupons payable to bearer and appertaining to the bonds shall be issued and shall bear the original or facsimile signature of the chairman. History: Laws 1993, ch. 319, § 61.
NM Stat § 74-10-62 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-62 - Facsimile signatures.

Any of the officers, after filing with the secretary of state his manual signature certified by him under oath, may execute or cause to be executed with a facsimile signature in lieu of his manual signature any security authorized in the Solid Waste Authority Act; provided that such a filing is not a condition of execution with a facsimile signature of any interest coupon, and provided that at least one signature required or permitted to be placed on each such security, excluding any interest coupon, shall be manually subscribed. An officer's facsimile signature has the same legal effect as his manual signature. History: Laws 1993, ch. 319, § 62.
NM Stat § 74-10-63 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-63 - Facsimile seal.

The secretary may cause the seal of the authority to be printed, engraved, stamped or otherwise placed in facsimile on any security. The facsimile seal has the same legal effect as the impression of the seal. History: Laws 1993, ch. 319, § 63.
NM Stat § 74-10-64 (2021)
2021 New Mexico Statutes|Chapter 74 - Environmental Improvement|Article 10 - Solid Waste Authority|Section 74-10-64 - Signatures of predecessors in office.

The securities and any coupons bearing the signatures of the officers in office at the time of the signing shall be the valid and binding obligations of the authority, notwithstanding that before the delivery thereof and payment therefor, any or all of the persons whose signatures appear on those securities or coupons shall have ceased to fill their respective offices. History: Laws 1993, ch. 319, § 64.