Statutes > New Mexico Statutes > Chapter 5 - Municipalities and Counties. > Article 8 - Land Development Fees and Rights, 5-8-1 through 5-8-43. > Section 5-8-42 - Moratorium on development prohibited.

Section 5-8-42 - Moratorium on development prohibited.

5-8-42. Moratorium on development prohibited.

A moratorium shall not be placed on new development for the sole purpose of awaiting the completion of all or any part of the process necessary to develop, adopt or update impact fees.