N.M. Stat. § 74-10-89
Publication of resolution or proceedings.
In its discretion, the board may provide for the publication once in full of either any
resolution or other proceedings adopted by the board ordering the issuance of any
securities or, in the alternative, of notice thereof, which resolution, other proceedings or
notice so published shall state the fact and date of such adoption and the place where
such resolution or other proceedings have been filed for public inspection and also the
date of the first publication of such resolution, other proceedings or notice and also state
that any action or proceeding of any kind or nature in any court questioning the validity
of the creation and establishment of the authority, or the validity or proper authorization
of securities provided for by the resolution or other proceedings, or the validity of any
covenants, agreements or contracts provided for by the resolution or other proceedings,
shall be commenced within twenty days after the first publication of such resolution,
other proceedings or notice.