New Mexico Administrative Code
Title 4 - CULTURAL RESOURCES
Chapter 5 - STATE LIBRARY
Part 8 - DISTRIBUTION OF GENERAL OBLIGATION STATE OF NEW MEXICO BOND FUNDS TO PUBLIC LIBRARIES
Section 4.5.8.9 - SOURCE OF FUNDS
Universal Citation: 4 NM Admin Code 4.5.8.9
Current through Register Vol. 35, No. 18, September 24, 2024
The state legislature is the sole authority for authorizing bond funding to support acquisition of library resources and equipment, including authorizing the placement of general obligation bonds on an election ballot. These library bond program funds must be approved by the voters before they are made available to libraries.
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