{"data":{"id":"us-nm/3-30-7","jurisdiction":"us-nm","citation":"3-30-7","heading":"Canvass of bond election; certification of results; effect.","body":"A. The vote upon each question proposing to issue negotiable bonds shall be canvassed as provided in the Local Election Act [Chapter 1, Article 22 NMSA 1978], and the municipal clerk shall file the certificate of canvass in the official minute book of the municipality.\nB. If a majority of those voting on the question favors the creation of the debt, the governing body of the municipality may proceed to issue the negotiable bonds.","path":["Chapter 3 - Municipalities","ARTICLE 30 Municipal Debt; Voting on Question"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18504/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"1d2c0180612a926215ceb1afdec3814d66680a38f1406d2c5f3676b128be8075","source_id":"us-nm","stale":false,"prev":"us-nm/3-30-6","next":"us-nm/3-30-8"},"notice":"GroundRules: Original legal text. Not legal advice."}