New Mexico Statutes

§ 4-55A-40 — Street and road improvement fund authorization

New Mexico § 4-55A-40
JurisdictionNew Mexico
Ch. 4Counties
Art. 55ACounty Improvement Districts

This text of New Mexico § 4-55A-40 (Street and road improvement fund authorization) 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. § 4-55A-40 (2026).

Text

In the case of creation of a county improvement district in accordance with the provisions of the County Improvement District Act, the board of county commissioners of any county may, by ordinance, establish a street and road improvement fund into which may be transferred all or any part of the distributions of such amounts of the tax revenues distributed to the county under the provisions of Section 7-1-6.9 NMSA 1978 as the board has, in any ordinance, determined necessary for use as a fund in the financing of improvement projects described in Subsection A of Section 4-55A-4 NMSA 1978.

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Legislative History

1978 Comp., § 4-55A-40, enacted by Laws 1991, ch. 199, § 59.

Nearby Sections

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Bluebook (online)
New Mexico § 4-55A-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/4/4-55A-40.