Statutes > New Mexico Statutes > Chapter 6 - Public Finances. > Article 12A - Short-Term Cash Management, 6-12A-1 through 6-12A-15. > Section 6-12A-15 - Anticipation notes not a general obligation of the state.

Section 6-12A-15 - Anticipation notes not a general obligation of the state.

6-12A-15. Anticipation notes not a general obligation of the state.

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.