{"data":{"id":"us-nm/5-15-28","jurisdiction":"us-nm","citation":"5-15-28","heading":"Bond term expiration.","body":"The terms of bonds issued pursuant to the Tax Increment for Development Act for a district, including refunding bonds, shall expire not more than twenty-five years after the date that the first bonds are issued for that district.","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":"382c7ef0d7ed63e97066108b39cbeeef3ac653442314b9bf2f6d66d9a681fec6","source_id":"us-nm","stale":false,"prev":"us-nm/5-15-27","next":"us-nm/5-15-29"},"notice":"GroundRules: Original legal text. Not legal advice."}
