Board of trustees; duties.

  1. Law
  2. New Mexico Statutes
  3. Public Finances
  4. Economic Advancement Districts
  5. Board of trustees; duties.

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The board of trustees shall:

A. be the governing authority of the district;

B. comply with the provisions of law for local governments pertaining to the preparation and approval of budgets by the local government division of the department of finance and administration;

C. comply with the provisions of law pertaining to the audit of local governments by the state auditor; and

D. adopt rules and regulations for the operation of the district and comply with the provisions of the State Rules Act [Chapter 14, Article 4 NMSA 1978].

History: Laws 1987, ch. 115, § 8.


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