2019 New Mexico Statutes
Chapter 6 - Public Finances
Article 15 - Finances of Counties, Municipalities and School Districts
Section 6-15-8 - ["Municipal corporation" as used in Sections 6-15-3 to 6-15-8 NMSA 1978 defined.]
The term municipal corporation shall, for the purpose of this act [6-15-3 to 6-15-8 NMSA 1978], be construed to mean county, incorporated city, incorporated town, incorporated village or school district.
History: Laws 1929, ch. 201, § 7; C.S. 1929, § 16-107; 1941 Comp., § 7-621; 1953 Comp., § 11-6-20.
ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Section limited to issuance and sale of bonds. — The inclusion of school districts in the definition of the term "municipal corporation" is, by the wording of this section, limited to the purposes of the act, 6-15-3 to 6-15-8 NMSA 1978, said purposes having to do with the issuance and sale of bonds of political subdivisions. Being so limited, it is not a general legislative declaration. McWhorter v. Board of Educ., 1958-NMSC-015, 63 N.M. 421, 320 P.2d 1025.
