There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 5: Municipalities and Counties
Article 10: Local Economic Development, 5-10-1 through 5-10-13
Section 5-10-13: Limitations.
NM Stat § 5-10-13 (1996 through 1st Sess 50th Legis) What's This?
5-10-13. Limitations.
Nothing in the Local Economic Development Act shall be construed to affect any other requirements of the constitution or other laws regarding local government debt, issuance of bonds, use of tax revenues or the grant, lease or sale of land or other property.
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