New Mexico § 73-13-10 [Execution and acknowledgment of security for loan.]

New Mexico Statutes

§ 73-13-10 — [Execution and acknowledgment of security for loan.]

New Mexico § 73-13-10

Ch. 73Special Districts

Art. 13General Provisions Relating to Irrigation Districts

This text of New Mexico § 73-13-10 ([Execution and acknowledgment of security for loan.]) 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. § 73-13-10 (2026).

Text

Loans hereunder may be made and secured by notes, debentures, mortgages or pledges, or other form of obligation as shall by its board of directors be deemed for the best interest of such district and the board of directors of such district are hereby authorized and empowered to make, execute, acknowledge and deliver any and all such notes, bonds, mortgages, pledges, debentures or other form of obligation in the name of, and for and upon behalf of such district.

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Loans hereunder may be made and secured by notes, debentures, mortgages or pledges, or other form of obligation as shall by its board of directors be deemed for the best interest of such district and the board of directors of such district are hereby authorized and empowered to make, execute, acknowledge and deliver any and all such notes, bonds, mortgages, pledges, debentures or other form of obligation in the name of, and for and upon behalf of such district.