2011 New Mexico Statutes
Chapter 6: Public Finances
Article 23: Public Facility Energy Efficiency, 6-23-1 through 6-23-10
Section 6-23-6: Contracts and agreements not a general obligation of the governmental unit.
6-23-6. Contracts and agreements not a general obligation of the governmental unit.
Payment obligations of a governmental unit pursuant to a guaranteed utility savings contract with a qualified provider and any installment payment contract or lease-purchase agreement pursuant to a guaranteed utility savings contract are not general obligations of the governmental unit and are collectible only from utility cost savings and conservation-related cost savings appropriated by the legislature and other revenues pledged for that purpose in accordance with the Public Facility Energy Efficiency and Water Conservation Act.
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