{"data":{"id":"us-nm/4-48a-21","jurisdiction":"us-nm","citation":"4-48A-21","heading":"Use of proceeds of bond issue.","body":"It is unlawful to divert, use or expend any money received from the issuance of bonds for any purpose other than the purpose for which the bonds were issued; provided, however, that bond proceeds may be used for reserves and to pay the costs of issuance.","path":["Chapter 4 - Counties","ARTICLE 48A Special Hospital Districts"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18505/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"833b33039010607a6c8e934708dd4b5dce5084281d3478719386b39c64b186ef","source_id":"us-nm","stale":false,"prev":"us-nm/4-48a-20","next":"us-nm/4-48a-22"},"notice":"GroundRules: Original legal text. Not legal advice."}