{"data":{"id":"us-nm/5-15-20.1","jurisdiction":"us-nm","citation":"5-15-20.1","heading":"Debt service reserve account.","body":"After the retirement of all bonds issued pursuant to the tax increment development plan, any balance in a debt service reserve account established for the payment of those bonds shall be paid to the governments that have dedicated a tax increment to the district in proportion to the amount of tax increment attributable to their dedication.","path":["Chapter 5 - Municipalities and Counties","ARTICLE 15 Tax Increment for Development"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18447/index.do","current_through":"2025-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"1c415d58392d0f5ce41f36e139b57089c318a4d1aa6bc15c3a369e68334c11da","source_id":"us-nm","stale":false,"prev":"us-nm/5-15-20","next":"us-nm/5-15-21"},"notice":"GroundRules: Original legal text. Not legal advice."}