A. Members of boards of commissioners of regional housing authorities appointed prior to March 31, 2009 shall continue to serve as members of boards of commissioners until their terms expire or their successors are appointed and qualified pursuant to the provisions of Laws 2009, Chapter 48.
B. All contracts and agreements of regional housing authorities in effect on March 31, 2009 shall continue in effect.
C. Property or an interest in property owned by a regional housing authority prior to the consolidation of regional housing authorities pursuant to Laws 2009, Chapter 48 shall be deemed to be owned by the regional housing authority whose region pursuant to Section 11-3A-4 NMSA 1978 includes the county where the property is located.
History: Laws 2009, ch. 48, § 20; 2019, ch. 85, § 3.
ANNOTATIONSThe 2019 amendment, effective June 14, 2019, clarified the ownership of property when regional housing authorities consolidate; changed two occurrences of "the effective date of this 2009 act" to "March 31, 2009"; in Subsection A, changed "this 2009 act" to "Laws 2009, Chapter 48"; and added Subsection C.