N.M. Stat. § 4-55D-7

Current through 2024, ch. 69
Section 4-55D-7 - Special assessment financing
A. Special assessment financing shall be provided by capital providers and disbursed directly by capital providers to fund eligible improvements subject to a special assessment financing agreement.
B. A county is not liable in any way for the debt of the property owner, is not a third-party obligor and is not pledging or lending its credit to the property owner or the capital provider.

NMS § 4-55D-7

Laws 2023, ch. 150, § 7.