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2019 New Mexico Statutes
Chapter 3 - Municipalities
Article 32 - Industrial Revenue Bonds
Section 3-32-15 - Construction of act.
Universal Citation: NM Stat § 3-32-15 (2019)
Neither Sections 3-32-1 through 3-32-16 NMSA 1978, nor anything herein contained shall be construed as a restriction or limitation upon any powers which a municipality might otherwise have under any laws of this state, but shall be construed as cumulative; and Sections 3-32-1 through 3-32-16 NMSA 1978, shall not be construed as requiring an election by the voters of a municipality prior to the issuance of bonds hereunder by such municipality.
History: 1953 Comp., ยง 14-31-12, enacted by Laws 1965, ch. 300.
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