A public body, or the state, after having adopted a resolution or ordinance authorizing the issuance of public securities, shall publish notice of the adoption of such resolution once in a newspaper of general circulation within the political subdivision, or in the case of the state, of general statewide circulation. Compliance with the Municipal Code [Chapter 3 NMSA 1978, except Article 66] requirements for the publication of ordinances shall constitute compliance by municipalities of the requirements of the Public Securities Limitation of Action Act [6-14-4 to 6-14-7 NMSA 1978].
History: 1953 Comp., § 11-11-3, enacted by Laws 1975, ch. 350, § 3.
ANNOTATIONSCross references. — For publication of ordinances, see 3-17-3 and 3-17-5 NMSA 1978.