A moratorium shall not be placed on new development for the sole purpose of awaiting the completion of all or any part of the process necessary to develop, adopt or update impact fees.
§ 5-8-42 NMSA 1978
Moratorium on development prohibited
Known as the Development Fees Act
The act spans §§ 5–5 (43 sections).
Laws 1993, ch. 122, § 42.
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.