2011 New Mexico Statutes
Chapter 15: Administration of Government
Article 3B: Property Control, 15-3B-1 through 15-3B-21
Section 15-3B-9: Lease of New Mexico finance authority property; maintenance and repair.


NM Stat § 15-3B-9 (1996 through 1st Sess 50th Legis) What's This?

15-3B-9. Lease of New Mexico finance authority property; maintenance and repair.

The division may enter into long-term leases, not to exceed ninety-nine years, on property owned by the New Mexico finance authority for state use. Lease of the property owned by the New Mexico finance authority may require the department to operate, maintain and make renovations and repairs to the property.

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