2015 New Mexico Statutes
Chapter 6 - Public Finances
Section 15 Finances of Counties, Municipalities and School Districts
Section 6-15-25 Findings; purpose of act.
6-15-25. Findings; purpose of act.
A. The legislature finds that some of the qualifications of electors at bond elections, as presently prescribed by the constitution or statutes of New Mexico, or both, are invalid and some of such qualifications remain uncertain as to validity because of recent court decisions construing provisions of the constitution of the United States. The legislature recognizes that all or portions of certain sections of Article 9 of the constitution of New Mexico and certain statutes ultimately may be held to violate the constitution of the United States.
B. The purpose of the Bond Election Act [6-15-23 through 6-15-28 NMSA 1978] is to permit the authorization and issuance of bonds during and after the period of uncertainty by requiring an election procedure which will conform with any determination made by the courts as to the validity of qualifications of electors.
History: 1953 Comp., 11-6-37, enacted by Laws 1970, ch. 6, 3; 1971, ch. 132, 2.
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