N.M. Stat. § 22-19B-8
Cumulative and complete authority.
The School District Bond Anticipation Notes Act is an additional and alternative
method for obtaining funding for capital projects by a school district and constitutes full
authority for the exercise of powers granted to a local school board by that act. Powers
conferred by the School District Bond Anticipation Notes Act are supplemental and
additional to powers conferred by other laws of the state, without reference to such
other laws of the state.