New Mexico Statutes

§ 72-18-49 — Issuance of interim debentures

New Mexico § 72-18-49
JurisdictionNew Mexico
Ch. 72Water Law
Art. 18Flood Control Districts

This text of New Mexico § 72-18-49 (Issuance of interim debentures) 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. § 72-18-49 (2026).

Text

A district is authorized to borrow money and to issue interim debentures evidencing construction or short-term loans for the acquisition or improvement and equipment of the flood control system or any project in supplementation of long-term financing and the issuance of bonds, as provided in Sections 62 through 65 [72-18-62 to 72-18-65 NMSA 1978] of the Flood Control District Act.

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Legislative History

Laws 1981, ch. 377, § 49.

Nearby Sections

15
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Bluebook (online)
New Mexico § 72-18-49, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/72/72-18-49.