New Mexico Statutes

§ 6-15A-4 — Notice of proposed lease-purchase arrangements

New Mexico § 6-15A-4
JurisdictionNew Mexico
Ch. 6Public Finances
Art. 15AEducation Technology Equipment

This text of New Mexico § 6-15A-4 (Notice of proposed lease-purchase arrangements) 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. § 6-15A-4 (2026).

Text

When a school district contemplates entering into a lease-purchase arrangement payable in whole or in part from ad valorem taxes, the local school board, before initiating any proceedings for approval of such lease-purchase arrangement, shall forward to the school budget planning unit of the state department of public education, a written notice of the proposed lease-purchase arrangement.

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Legislative History

Laws 1997, ch. 193, § 4.

Nearby Sections

15
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Bluebook (online)
New Mexico § 6-15A-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/6/6-15A-4.