New Mexico Statutes
§ 73-16-48 — [Limitation on use of fund.]
New Mexico § 73-16-48
This text of New Mexico § 73-16-48 ([Limitation on use of 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. § 73-16-48 (2026).
Text
No revenues collected from the ad valorem tax authorized herein shall be used for the payment of any interest or principal on bonds hereafter sold under any option existing at the time of the passage of this act [73-16-41 to 73-16-49 NMSA 1978] for the purchase of bonds of any conservancy district.
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Legislative History
Laws 1931, ch. 50, § 8; 1941 Comp., § 77-2947; 1953 Comp., § 75-30-47.
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Bluebook (online)
New Mexico § 73-16-48, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/73/73-16-48.