A. After adoption of a resolution approving a lease-purchase arrangement, the local school board shall publish notice of the adoption of the resolution once in a newspaper of general circulation in the school district.
B. After the passage of thirty days from the publication required by Subsection A of this section, any action attacking the validity of the proceedings taken by the local school board preliminary to and in the authorization of and entering into the lease-purchase arrangement described in the notice is perpetually barred.
History: Laws 1997, ch. 193, ยง 9.
Structure 2021 New Mexico Statutes
Article 15A - Education Technology Equipment
Section 6-15A-1 - Short title.
Section 6-15A-3 - Definitions.
Section 6-15A-4 - Notice of proposed lease-purchase arrangements.
Section 6-15A-6 - Tax levy for payment of lease-purchase agreement.
Section 6-15A-7 - Lease-purchase arrangements; terms.
Section 6-15A-9 - Publication of notice; validation; limitation of action.
Section 6-15A-10 - Refunding or refinancing lease-purchase arrangements.
Section 6-15A-11 - Agreement of the state.
Section 6-15A-12 - Legal investments for public officers and fiduciaries.
Section 6-15A-13 - Tax exemption.
Section 6-15A-14 - Cumulative and complete authority.
Section 6-15A-15 - Liberal interpretation.
Section 6-15A-16 - Severability.
Section 6-15A-17 - Charter schools; receipt of education technology equipment.