New Mexico Statutes

§ 3-58-2 — Authority to utilize revenues

New Mexico·Ch. 3 Municipalities·Art. 58 Economic Development Promotion
The governing board of any municipality or county may budget and utilize revenues for economic development promotion only upon approval by a majority of all of the members of the governing board.

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Legislative History

1953 Comp., § 14-59-2, enacted by Laws 1968, ch. 68, § 2; 1981, ch. 80, § 1.

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