NMSA 3-4-9. Disincorporation; insufficient income to pay obligations; levy — United States — New Mexico law | Esheria

NMSA 3-4-9. Disincorporation; insufficient income to pay obligations; levy

If a disincorporated municipality does not have enough money from operating its property to pay its obligations, the board of county commissioners must levy a tax and handle the municipality’s governing duties without charge.

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Jurisdiction
United States — New Mexico
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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bond obligations municipal disincorporation tax levy

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