New Mexico Statutes
§ 72-16-48 — Additionally secured securities
New Mexico § 72-16-48
This text of New Mexico § 72-16-48 (Additionally secured securities) 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. § 72-16-48 (2026).
Text
The board, in connection with such additionally secured securities, in the resolution authorizing their issuance or other instrument appertaining thereto, may pledge all or a portion of such revenues (subject to any prior pledges) as additional security for such payment of said securities, and at its option may deposit such revenues in a fund created to pay the securities or created to secure additionally their payment.
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Legislative History
1953 Comp., § 75-36-48, enacted by Laws 1963, ch. 311, § 48.
Nearby Sections
15
§ 72-1-1
Natural waters; public§ 72-1-12
Indian water rights settlement fund§ 72-1-2.5
Pecos river basin land management fund§ 72-1-6
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Bluebook (online)
New Mexico § 72-16-48, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/72/72-16-48.