2021 New Mexico Statutes
Chapter 6 - Public Finances
Article 15A - Education Technology Equipment

Section 6-15A-1 - Short title. - Chapter 6, Article 15A NMSA 1978 may be cited as...

Section 6-15A-2 - Purpose. - The purpose of the Education Technology Equipment Act is to...

Section 6-15A-3 - Definitions. - As used in the Education Technology Equipment Act: A. "debt"...

Section 6-15A-4 - Notice of proposed lease-purchase arrangements. - When a school district contemplates entering into a lease-purchase arrangement...

Section 6-15A-5 - School budget planning unit of the state department of public education to furnish information, transcripts of proceedings and disposition. - The school budget planning unit of the state department of...

Section 6-15A-6 - Tax levy for payment of lease-purchase agreement. - The officials charged by law with the duty of levying...

Section 6-15A-7 - Lease-purchase arrangements; terms. - Lease-purchase arrangements may: A. have interest, appreciated principal value, or...

Section 6-15A-8 - Authorizing lease-purchase of education technology equipment; preliminary resolution; contents; notice; final resolution of approval. - A. If a local school board proposes to lease-purchase education...

Section 6-15A-9 - Publication of notice; validation; limitation of action. - A. After adoption of a resolution approving a lease-purchase arrangement,...

Section 6-15A-10 - Refunding or refinancing lease-purchase arrangements. - School districts are authorized to enter into lease-purchase arrangements for...

Section 6-15A-11 - Agreement of the state. - The state does hereby pledge to and agree with the...

Section 6-15A-12 - Legal investments for public officers and fiduciaries. - Lease-purchase arrangements entered into under the authority of the Education...

Section 6-15A-13 - Tax exemption. - The state covenants with the purchasers and all subsequent holders...

Section 6-15A-14 - Cumulative and complete authority. - The Education Technology Equipment Act shall be deemed to provide...

Section 6-15A-15 - Liberal interpretation. - The Education Technology Equipment Act, being necessary for the welfare...

Section 6-15A-16 - Severability. - If any part or application of the Education Technology Equipment...

Section 6-15A-17 - Charter schools; receipt of education technology equipment. - On or after July 1, 2015, a school district that...