New Mexico Statutes
§ 72-18-22 — Reserve fund
New Mexico § 72-18-22
This text of New Mexico § 72-18-22 (Reserve fund) 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. § 72-18-22 (2026).
Text
It shall be lawful for the board to assess benefit assessments and to collect revenue for the purpose of creating a reserve fund in such amount as the board may determine which may be used to meet the obligations of the district, for maintenance and operating charges and to provide improvements for the district.
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Legislative History
Laws 1981, ch. 377, § 22.
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 § 72-18-22, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/72/72-18-22.