New Mexico Statutes

§ 4-55D-7 — Special assessment financing

New Mexico § 4-55D-7
JurisdictionNew Mexico
Ch. 4Counties
Art. 55DImprovement Special Assessment

This text of New Mexico § 4-55D-7 (Special assessment financing) 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. § 4-55D-7 (2026).

Text

A.Special assessment financing shall be provided by capital providers and disbursed directly by capital providers to fund eligible improvements subject to a special assessment financing agreement.
B.A county is not liable in any way for the debt of the property owner, is not a third- party obligor and is not pledging or lending its credit to the property owner or the capital provider.

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Legislative History

Laws 2023, ch. 150, § 7.

Nearby Sections

15
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Bluebook (online)
New Mexico § 4-55D-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/4/4-55D-7.