Majority approval necessary for board action.

  1. Law
  2. New Mexico Statutes
  3. Taxation
  4. Severance Tax Bonding Act
  5. Majority approval necessary for board action.

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Any action taken hereunder by the state board of finance must be approved by a majority of its members.

History: 1953 Comp., § 72-18-39, enacted by Laws 1961, ch. 5, § 12.

ANNOTATIONS

Emergency clauses. — Laws 1961, ch. 5, § 28 contained an emergency clause and was approved February 17, 1961.


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