Statutes > New Mexico Statutes > Chapter 7 - Taxation. > Article 27 - Severance Tax Bonding Act, 7-27-1 through 7-27-48. > Section 7-27-15 - Majority approval necessary for board action.

Section 7-27-15 - Majority approval necessary for board action.

7-27-15. Majority approval necessary for board action.

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