New Mexico § 6-15A-9 Publication of notice; validation; limitation of action

New Mexico Statutes

§ 6-15A-9 — Publication of notice; validation; limitation of action

New Mexico·Ch. 6 Public Finances·Art. 15A Education Technology Equipment

A.After adoption of a resolution approving a lease-purchase arrangement, the local school board shall publish notice of the adoption of the resolution once in a newspaper of general circulation in the school district.

B.After the passage of thirty days from the publication required by Subsection A of this section, any action attacking the validity of the proceedings taken by the local school board preliminary to and in the authorization of and entering into the lease- purchase arrangement described in the notice is perpetually barred.

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A. After adoption of a resolution approving a lease-purchase arrangement, the local school board shall publish notice of the adoption of the resolution once in a newspaper of general circulation in the school district. B. After the passage of thirty days from the publication required by Subsection A of this section, any action attacking the validity of the proceedings taken by the local school board preliminary to and in the authorization of and entering into the lease- purchase arrangement described in the notice is perpetually barred.

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