2019 New Mexico Statutes
Chapter 22 - Public Schools
Article 26A - Public School Lease Purchase Act
Section 22-26A-13 - Publication of notice; validation.
A. After adoption of a resolution approving a lease purchase arrangement, the governing body shall publish notice of the adoption of the resolution once in a newspaper of general circulation in the school district in which the governing body's school is located.
B. After the passage of thirty days from the publication required by Subsection A of this section, any action attacking the validity of the proceedings taken by the governing body preliminary to and in the authorization of and entering into the lease purchase arrangement described in the notice is perpetually barred.
History: Laws 2007, ch. 173, § 13; 2015, ch. 106, § 6.
ANNOTATIONSThe 2015 amendment, effective July 1, 2015, amended the Public School Lease Purchase Act to require the governing body of a charter school or school district to publish notice of the adoption of a resolution approving a lease purchase arrangement; in Subsection A, after "arrangement, the", deleted "local school board" and added "governing body", and after "circulation in the school district", added "in which the governing body's school is located"; and in Subsection B, after "taken by the", deleted "local school board" and added "governing body".
