New Mexico Statutes

§ 4-55A-43 — Street and road improvement fund; diverting proceeds

New Mexico § 4-55A-43
JurisdictionNew Mexico
Ch. 4Counties
Art. 55ACounty Improvement Districts

This text of New Mexico § 4-55A-43 (Street and road improvement fund; diverting proceeds) 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-43 (2026).

Text

from tax. After the adoption of the ordinance creating a contract as authorized in Section 4- 55A-3 NMSA 1978 and so long as the contract is effective, it is unlawful: A. to directly or indirectly divert any such amounts of tax revenue directed to be credited to the street and road improvement fund; and B. without the written approval of the secretary of finance and administration, for the board or any county employee to expend any money from the street and road improvement fund for any purpose other than the performance of the contract.

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Legislative History

1978 Comp., § 4-55A-43, enacted by Laws 1991, ch. 199, § 62.

Nearby Sections

15
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Bluebook (online)
New Mexico § 4-55A-43, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/4/4-55A-43.