New Mexico Statutes
§ 73-8-34 — [Incurrence of unauthorized debt prohibited.]
The board of directors or other officers of the district shall have no power to incur any debt or liability whatever in excess of the express provisions of this act [73-8-1 to 73-8-60 NMSA 1978], and any debt or liability so incurred shall be void.
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New Mexico § 73-8-34 ([Incurrence of unauthorized debt prohibited.]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1917, ch. 22, § 34; C.S. 1929, § 40-234; 1941 Comp., § 77-2034; 1953
Nearby Sections
15
§ 73-1-1
[Purpose of districts.]§ 73-1-15
[District court procedure; notice.]