No action shall be brought questioning the legality of any contract, financing agreement, mortgage, trust indenture, proceeding or bonds executed in connection with any project or improvements authorized by the Redevelopment Bonding Law N.M. Stat. Ann. § 3-60A-26 to 3-60A-46 on and after thirty days from the effective date of the resolution or ordinance authorizing the issuance of such bonds.

Terms Used In New Mexico Statutes 3-60A-46

  • Contract: A legal written agreement that becomes binding when signed.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.