New Mexico § 74-10-48 Ranking among securities of same issue

New Mexico Statutes

§ 74-10-48 — Ranking among securities of same issue

New Mexico § 74-10-48

Ch. 74Environmental Improvement

Art. 10Solid Waste Authority

This text of New Mexico § 74-10-48 (Ranking among securities of same issue) 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. § 74-10-48 (2026).

Text

All securities of the same issue or series shall be equally and ratably secured without priority by reason of number, date of maturity, date of securities, of sale, of execution or of delivery, by a lien on such revenues in accordance with the provisions of the Solid Waste Authority Act and the resolution authorizing, or other instrument appertaining to, such securities, except to the extent such resolution or other instrument otherwise expressly provides.

Free access — add to your briefcase to read the full text and ask questions with AI

All securities of the same issue or series shall be equally and ratably secured without priority by reason of number, date of maturity, date of securities, of sale, of execution or of delivery, by a lien on such revenues in accordance with the provisions of the Solid Waste Authority Act and the resolution authorizing, or other instrument appertaining to, such securities, except to the extent such resolution or other instrument otherwise expressly provides.