Section 22-18-7 - Authority to issue bonds.

NM Stat § 22-18-7 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

If a majority of those persons voting on a question submitted to the voters in a bond election vote for creating a debt by issuing general obligation bonds, the local school board may, subject to the approval of the attorney general, proceed to issue the bonds.

History: 1953 Comp., § 77-15-7, enacted by Laws 1967, ch. 16, § 234.