{"data":{"id":"us-nm/22-26a-5.1","jurisdiction":"us-nm","citation":"22-26A-5.1","heading":"Transfer or assignment of lease purchase arrangement; designation as public property.","body":"A. A holder of a lease purchase arrangement, including any public entity holding a lease purchase arrangement, may secure financing by issuing certificates of participation or otherwise assigning or transferring all or a portion of the lease purchase arrangement.\nB. A building or other real property subject to a lease purchase arrangement that has been entered into and approved pursuant to the Public School Lease Purchase Act shall be considered to be a public property.","path":["Chapter 22 - Public Schools","ARTICLE 26A Public School Lease Purchase Act"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18522/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"4d498cf1411d7ce4fc4be1e30d4fb5531477187be92e7cbcb902862baae8d2db","source_id":"us-nm","stale":false,"prev":"us-nm/22-26a-5","next":"us-nm/22-26a-6"},"notice":"GroundRules: Original legal text. Not legal advice."}