Any bonds issued for refunding purposes may either be delivered in exchange for the outstanding bonds authorized to be refunded or may be sold as provided in this act [Chapter 72, Article 16 NMSA 1978] for the sale of other bonds.
NMS § 72-16-82
Any bonds issued for refunding purposes may either be delivered in exchange for the outstanding bonds authorized to be refunded or may be sold as provided in this act [Chapter 72, Article 16 NMSA 1978] for the sale of other bonds.
NMS § 72-16-82