There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 5: Municipalities and Counties
Article 11: Public Improvement District, 5-11-1 through 5-11-27
- Section 5-11-1: Short title.
- Section 5-11-2: Definitions.
- Section 5-11-3: Resolution declaring intention to form district.
- Section 5-11-4: Notice and public hearing.
- Section 5-11-5: Hearing on objections.
- Section 5-11-6: Order forming district; election.
- Section 5-11-7: Notice and conduct of election; waiver.
- Section 5-11-8: Formation; debt limitation.
- Section 5-11-9: Appointment of directors; qualifications; terms; resumption of governance by governing body.
- Section 5-11-10: Powers of a public improvement district.
- Section 5-11-11: Perpetual succession.
- Section 5-11-12: Records; board of directors; open meetings.
- Section 5-11-13: Change in district boundaries or general plan.
- Section 5-11-14: Participation by municipality or county.
- Section 5-11-15: Other districts or improvements.
- Section 5-11-16: Project approval.
- Section 5-11-17: Finances.
- Section 5-11-18: Recording documents.
- Section 5-11-19: General obligation bonds; tax levy; exception.
- Section 5-11-20: Special levy; bonds; imposition.
- Section 5-11-21: Revenue bonds; fees and charges.
- Section 5-11-22: Terms of bonds.
- Section 5-11-23: District taxes; annual financial estimate; annual financial estimate and budget; certification to local government division.
- Section 5-11-24: Dissolution of district.
- Section 5-11-25: Limitation of liability.
- Section 5-11-26: Cumulative authority.
- Section 5-11-27: Liberal interpretation.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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