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New Mexico · Through 2026-07-01

6-23-6: Contracts and agreements not a general obligation of the governmental unit.

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Where this section sits in the code
  1. Chapter 6 - Public Finances
  2. ARTICLE 23 Public Facility Energy Efficiency

Payment obligations of a governmental unit pursuant to a guaranteed utility savings contract with a qualified provider and any installment payment contract or lease-purchase agreement pursuant to a guaranteed utility savings contract are not general obligations of the governmental unit and are collectible only from utility cost savings and conservation-related cost savings appropriated by the legislature and other revenues pledged for that purpose in accordance with the Public Facility Energy Efficiency and Water Conservation Act.

Collected 2026-09-03T15:02:19Z. Source file · JSON

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