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2020 New Mexico Statutes
Chapter 22 - Public Schools
Article 18 - General Obligation Bonds of School Districts
Section 22-18-7 - Authority to issue bonds.
Universal Citation: NM Stat § 22-18-7 (2020)
If a majority of those persons voting on a question submitted to the voters in a bond election vote for creating a debt by issuing general obligation bonds, the local school board may, subject to the approval of the attorney general, proceed to issue the bonds.
History: 1953 Comp., § 77-15-7, enacted by Laws 1967, ch. 16, § 234.
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