New Mexico Statutes

§ 72-18-53 — Payment recital in securities

New Mexico § 72-18-53
JurisdictionNew Mexico
Ch. 72Water Law
Art. 18Flood Control Districts

This text of New Mexico § 72-18-53 (Payment recital in 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. § 72-18-53 (2026).

Text

Each security issued under the Flood Control District Act shall recite in substance that the security and the interest thereon are payable solely from the revenues or other money pledged to the payment thereof. Securities specifically pledging the full faith and credit of the district for their payment shall so state.

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Legislative History

Laws 1981, ch. 377, § 53.

Nearby Sections

15
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Bluebook (online)
New Mexico § 72-18-53, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/72/72-18-53.