New Mexico Statutes

§ 72-17-45 — Issuance of temporary bonds

New Mexico § 72-17-45
JurisdictionNew Mexico
Ch. 72Water Law
Art. 17Las Cruces Metropolitan Arroyo Flood Control

This text of New Mexico § 72-17-45 (Issuance of temporary bonds) 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. § 72-17-45 (2026).

Text

The authority is authorized to issue temporary bonds, pending preparation of definitive bond or bonds and exchangeable for the definitive bond or bonds when prepared, as the board may determine. Each temporary bond shall set forth substantially the same conditions, terms and provisions as the definitive bond for which it is exchanged. Each holder of any such temporary security shall have all the rights and remedies which he would have as a holder of the definitive bond or bonds.

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Legislative History

1953 Comp., § 75-38-45, enacted by Laws 1967, ch. 156, § 45.

Nearby Sections

15
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Bluebook (online)
New Mexico § 72-17-45, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/72/72-17-45.