New Mexico § 73-13-22 [Authority to purchase; expenses of purchase.]

New Mexico Statutes

§ 73-13-22 — [Authority to purchase; expenses of purchase.]

New Mexico·Ch. 73 Special Districts·Art. 13 General Provisions Relating to Irrigation Districts

The board of directors of any such district shall have full power and authority in the name and for the benefit of such district to make such purchases, to receive and hold title to such lands and water rights, to prosecute suits to quiet title thereto and to sell and convey the same. The costs and expenses of any purchases and sales authorized by this act [73-13-19 to 73-13-23 NMSA 1978] and amounts required to pay the taxes assessed against such lands while title thereto is held by the district shall be deemed operating and current expense of such district and may be assessed as such.

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The board of directors of any such district shall have full power and authority in the name and for the benefit of such district to make such purchases, to receive and hold title to such lands and water rights, to prosecute suits to quiet title thereto and to sell and convey the same. The costs and expenses of any purchases and sales authorized by this act [73-13-19 to 73-13-23 NMSA 1978] and amounts required to pay the taxes assessed against such lands while title thereto is held by the district shall be deemed operating and current expense of such district and may be assessed as such.

New Mexico § 73-13-22 ([Authority to purchase; expenses of purchase.]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.