Section 6-15A-9 - Publication of notice; validation; limitation of action.

NM Stat § 6-15A-9 (2019) (N/A)
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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.

History: Laws 1997, ch. 193, § 9.