{"data":{"id":"us-nm/6-15a-4","jurisdiction":"us-nm","citation":"6-15A-4","heading":"Notice of proposed lease-purchase arrangements.","body":"When a school district contemplates entering into a lease-purchase arrangement payable in whole or in part from ad valorem taxes, the local school board, before initiating any proceedings for approval of such lease-purchase arrangement, shall forward to the school budget planning unit of the state department of public education, a written notice of the proposed lease-purchase arrangement.","path":["Chapter 6 - Public Finances","ARTICLE 15A Education Technology Equipment"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18506/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"a3c3f9362cdcee4003ae15062235a4e88dfe894c37982f484cc3f99d30a0c615","source_id":"us-nm","stale":false,"prev":"us-nm/6-15a-3","next":"us-nm/6-15a-5"},"notice":"GroundRules: Original legal text. Not legal advice."}