New Mexico Statutes

§ 3-32-15 — Construction of act

New Mexico·Ch. 3 Municipalities·Art. 32 Industrial Revenue Bonds
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.

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Legislative History

1953 Comp., § 14-31-12, enacted by Laws 1965, ch. 300.

Nearby Sections

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