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Current as of January 01, 2024 | Updated by FindLaw Staff
A. The state board of finance shall execute a lease-purchase contract with the county for purchase of additional voting systems and the necessary support equipment upon receipt of the application of the board of county commissioners pursuant to Section 1-9-7 NMSA 1978.
B. The lease-purchase contract shall include, but not be limited to, the following terms:
(1) the county agrees to purchase from the state board of finance the specified number of voting systems and the necessary support equipment;
(2) the county will pay for the cost of the systems and support equipment, including reimbursement for costs of transportation;
(3) the term of the lease-purchase contract shall not exceed ten years;
(4) the care, custody and proper storage of the systems and support equipment pursuant to specifications issued by the secretary of state is the responsibility of the county clerk; and
(5) upon good cause shown, the terms of the lease-purchase contract may, at any time, be renegotiated.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 1. Elections § 1-9-17. Additional voting systems; state board of finance; lease-purchase contract; terms - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-1-elections/nm-st-sect-1-9-17/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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