New Mexico Statutes
§ 3-39-13 — Foreclosure
New Mexico § 3-39-13
This text of New Mexico § 3-39-13 (Foreclosure) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 3-39-13 (2026).
Text
If the interest or any serial maturity of any bond is in default, any obligee may foreclose against the municipality under the same procedure provided for foreclosure of real estate mortgages. The district court may appoint a receiver to operate the airport facility in default.
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Legislative History
1953 Comp., § 14-40-11, enacted by Laws 1965, ch. 300.
Nearby Sections
15
§ 3-1-1
Municipalities; short title§ 3-1-2
Definitions§ 3-1-6
Final day to act§ 3-10-4
Repealed§ 3-10-5
Repealed§ 3-10-8
Officers; delivery of records§ 3-11-1
ApplicabilityCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 3-39-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/3/3-39-13.