New Mexico § 5-5-11 - Authorization of bonds
Full text of New Mexico New Mexico Statutes Annotated § 5-5-11 — Authorization of bonds, with citation guidance and answers to common questions.
§ 5-5-11. Authorization of bonds
A board by resolution or a council by ordinance shall authorize the issuance by the
municipality, upon the affirmative vote of at least a majority of the members of the
governing body present and constituting a quorum, of any general obligation bond series
upon being authorized so to do by the electors of the municipality voting thereon,
as provided in Chapter 5, Article 5 NMSA 1978 in detail, or the issuance by the municipality or county, upon the affirmative vote
of at least two-thirds of the members of its governing body present and constituting
a quorum, of any revenue bond series without necessarily being authorized at an election
or by any other preliminaries.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 5-5-11
What does New Mexico Statutes Annotated § 5-5-11 cover?
Section 5-5-11 ("Authorization of bonds") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 5-5-11?
A common citation format is "New Mexico Statutes Annotated § 5-5-11" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 5-5-11 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.