Statutes > New Mexico Statutes > Chapter 4 - Counties. > Article 59 - County Industrial Revenue Bonds, 4-59-1 through 4-59-16. > Section 4-59-13 - Construction of act.

Section 4-59-13 - Construction of act.

4-59-13. Construction of act.

The County Industrial Revenue Bond Act [Chapter 4, Article 59 NMSA 1978] shall not be construed as a restriction or limitation upon any powers which a county might otherwise have under any laws of this state, but shall be construed as cumulative; and the County Industrial Revenue Bond Act shall not be construed as requiring an election by the voters of a county prior to the issuance of bonds hereunder by a county.