6-14-7. Validation; limitation of action.
74 words·~1 min read·
/nm/chapter-6-public-finances/article-14-public-securities/6-14-7·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
After the passage of thirty days from the publication required by Section 3 [6-14-6 NMSA 1978] of the Public Securities Limitation of Action Act, any action attacking the validity of any proceedings had or taken by the state or any public body preliminary to and in the authorization and issuance of the public securities described in the notice is perpetually barred.
History: 1953 Comp., § 11-11-4, enacted by Laws 1975, ch. 350, § 4.