Public School Lease Purchase Act

  1. Law
  2. New Mexico Statutes
  3. Public Schools
  4. Public School Lease Purchase Act

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Section
22-26A-1

Short title.

Section
22-26A-2

Purpose.

Section
22-26A-3

Definitions.

Section
22-26A-4

Notice of proposed lease purchase arrangement; approval of department.

Section
22-26A-5

Lease purchase arrangements; terms.

Section
22-26A-5.1

Transfer or assignment of lease purchase arrangement; designation as public property.

Section
22-26A-6

Authorizing lease purchase arrangements; resolution.

Section
22-26A-7

Payments under lease purchase arrangements.

Section
22-26A-8

Authorization for local school board to submit question of lease purchase tax.

Section
22-26A-9

Authorizing resolution; time limitation.

Section
22-26A-10

Conduct of election; notice; ballot.

Section
22-26A-11

Election results; certification.

Section
22-26A-12

Imposition of tax; limitations.

Section
22-26A-13

Publication of notice; validation.

Section
22-26A-14

Refunding or refinancing lease purchase arrangements.

Section
22-26A-15

Agreement of the state.

Section
22-26A-16

Legal investments for public officers and fiduciaries.

Section
22-26A-17

Tax exemption.

Section
22-26A-18

Cumulative and complete authority.

Section
22-26A-19

Repealed.

Section
22-26A-20

Liberal interpretation.