It may be provided in any proceedings authorizing any bonds hereunder that such bond shall recite that it is issued under authority of this act [ 5-5-1 to 5-5-23, 5-5-25 to 5-5-27 NMSA 1978]. Such recital shall conclusively impart full compliance with all of the provisions of this act, and all bonds issued containing such recital shall be incontestable for any cause whatsoever after their delivery for value.
§ 5-5-14 NMSA 1978
Incontestable recital in bonds
Known as the Joint City-County Building Law
The act spans §§ 5–5 (27 sections).
1953 Comp., § 6-9-14, enacted by Laws 1959, ch. 300, § 14.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.