New Mexico Statutes
§ 6-15A-4 — Notice of proposed lease-purchase arrangements
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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New Mexico § 6-15A-4 (Notice of proposed lease-purchase arrangements) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1997, ch. 193, § 4.
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