Statutes > New Mexico Statutes > Chapter 22 - Public Schools. > Article 26A - Public School Lease Purchase Act, 22-26A-1 through 22-26A-20. > Section 22-26A-9 - Authorizing resolution; time limitation.

Section 22-26A-9 - Authorizing resolution; time limitation.

22-26A-9. Authorizing resolution; time limitation.

The resolution authorized under Section 8 [22-26A-8 NMSA 1978] of the Public School Lease Purchase Act shall be adopted no later than May 15 in the year in which the tax is proposed to be imposed.