New Mexico § 3-4-4 Disincorporation; vote required; effect on debts and

New Mexico Statutes

§ 3-4-4 — Disincorporation; vote required; effect on debts and

New Mexico § 3-4-4

Ch. 3Municipalities

Art. 4Disincorporation of Municipality

This text of New Mexico § 3-4-4 (Disincorporation; vote required; effect on debts and) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 3-4-4 (2026).

Text

contracts. If a majority of the votes cast are in favor of disincorporation, the municipality shall be disincorporated after provision has been made for payment of its current indebtedness, contracts and obligations, and for levying the requisite tax to do so. The current indebtedness, contracts and obligations do not include funded or bonded indebtedness nor any contract whose termination date is more than one year beyond the date the election was held.

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contracts. If a majority of the votes cast are in favor of disincorporation, the municipality shall be disincorporated after provision has been made for payment of its current indebtedness, contracts and obligations, and for levying the requisite tax to do so. The current indebtedness, contracts and obligations do not include funded or bonded indebtedness nor any contract whose termination date is more than one year beyond the date the election was held.