Section 13-6-2.1 - Sales, trades or leases; state board of finance approvalA. Except as provided in Section 13-6-3 NMSA 1978, for state agencies, any sale, trade or lease for a period of more than five years of real property belonging to a state agency, local public body or school district or any sale, trade or lease of such real property for a consideration of more than twenty-five thousand dollars ($25,000) shall not be valid unless it is approved prior to its effective date by the state board of finance.B. The provisions of this section shall not be applicable to:(1) those institutions specifically enumerated in Article 12, Section 11 of the constitution of New Mexico;(2) the state land office;(3) the state transportation commission;(4) the economic development department when disposing of property acquired pursuant to the Statewide Economic Development Finance Act [6-25-1 NMSA 1978]; or(5) a school district when leasing facilities to a locally chartered or state-chartered charter school.1978 Comp., § 13-6-2.1, enacted by Laws 1989, ch. 380, § 1; 2001, ch. 122, § 1; 2003, ch. 142, § 3; 2003, ch. 349, § 22; 2011, ch. 69, § 1.Amended by 2011, c. 69,s. 1, eff. 7/1/2011.