New Mexico Statutes
Article 28 - Water or Natural Gas Associations
Section 3-28-14.1 - Publication of notice after adoption of resolutions; limitation of action.

The association, after its board of directors has adopted a resolution authorizing the issuance of the bonds, shall publish notice of the adoption of such resolution once in a newspaper of general circulation within the area served by the association. After the passage of thirty days from such publication, any action attacking the validity of the bonds, the resolution, indenture or other instrument or any proceedings had or taken by the board of directors or association preliminary to and in the authorization and issuance of the bonds described in the notice, including but not necessarily limited to any attack on the power to issue such bonds, is perpetually barred.
History: 1978 Comp., § 3-28-14.1, enacted by Laws 1990, ch. 60, § 14.

Structure New Mexico Statutes

New Mexico Statutes

Chapter 3 - Municipalities

Article 28 - Water or Natural Gas Associations

Section 3-28-1 - Water or natural gas associations; powers.

Section 3-28-2 - Intercommunity water or natural gas supply association; directors.

Section 3-28-3 - Certificate of association.

Section 3-28-4 - Acknowledgment and filing of original certificate; recording of copy.

Section 3-28-5 - Powers of association as body corporate.

Section 3-28-6 - Amendment of certificate of incorporation.

Section 3-28-7 - Notice of first meeting.

Section 3-28-8 - Board of directors; powers.

Section 3-28-9 - Officers or agents; manner of appointment.

Section 3-28-10 - Revenue bond issues.

Section 3-28-11 - Terms and provisions of revenue bond issues.

Section 3-28-12 - Resolution for issuance of bond; execution.

Section 3-28-13 - Payment of bonds.

Section 3-28-14 - Refunding authorization; terms.

Section 3-28-14.1 - Publication of notice after adoption of resolutions; limitation of action.

Section 3-28-15 - Financial assistance.

Section 3-28-16 - Establishment of rates or contracts for service; lien against property served.

Section 3-28-17 - Proceeds from bond issues not to be diverted from purpose.

Section 3-28-18 - Violations of act; penalty.

Section 3-28-19 - Eminent domain.

Section 3-28-20 - Associations not subject to utility laws.

Section 3-28-21 - New Mexico public utility commission [public regulation commission] jurisdiction.

Section 3-28-22 - Validation; existing association and outstanding bonds.