New Mexico Statutes

§ 72-17-62 — Lost or destroyed securities

New Mexico·Ch. 72 Water Law·Art. 17 Las Cruces Metropolitan Arroyo Flood Control
If lost or completely destroyed, any security may be reissued in the form and tenor of the lost or destroyed security upon the owner furnishing, to the satisfaction of the board: A. proof of ownership; B. proof of loss or destruction; C. a surety bond in twice the face amount of the security and any coupons; and D. payment of the cost of preparing and issuing the new security.

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Legislative History

1953 Comp., § 75-38-62, enacted by Laws 1967, ch. 156, § 62.

Nearby Sections

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