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Section 72-18-1 - Short title. - Chapter 72, Article 18 NMSA 1978 may be cited as...
Section 72-18-2 - Legislative declaration. - It is hereby declared as a matter of legislative determination...
Section 72-18-3 - Definitions. - As used in the Flood Control District Act: A. "acquisition"...
Section 72-18-4 - Organization of district; jurisdiction. - The district court for any county in the state may...
Section 72-18-5 - Petition. - A. The organization of a district shall be initiated by...
Section 72-18-6 - Bond of petitioners. - At the time of filing the petition, or at any...
Section 72-18-7 - Notice of hearing on petition. - A. Immediately after the filing of the petition, the court...
Section 72-18-8 - Hearing. - A. Upon the hearing, if the court finds that no...
Section 72-18-9 - Nominations for initial board. - A nomination for director may be made by petition signed...
Section 72-18-10 - Organizational election. - A. At the election, the qualified electors may vote for...
Section 72-18-11 - Filing decree. - Within thirty days after the district has been declared a...
Section 72-18-12 - Board of directors; qualification; bond. - Whenever a district has been declared duly organized, the members...
Section 72-18-13 - Organization of board; initial terms of directors. - A. After taking oath and filing bonds, the board shall...
Section 72-18-14 - Election of directors. - Flood control district elections shall be held pursuant to the...
Section 72-18-15 - Vacancies on the board. - Any vacancy on the board shall be filled by appointment...
Section 72-18-16 - Meetings of board. - All meetings of the board shall be held within the...
Section 72-18-17 - Compensation of directors. - Directors shall receive no compensation for their services as a...
Section 72-18-18 - Interest in contracts and property disqualifications. - No director or officer, employee or agent of the district...
Section 72-18-19 - Board's administrative powers. - The board of the district may exercise the following administrative...
Section 72-18-20 - Additional powers. - The board of the district may: A. adopt, have and...
Section 72-18-21 - Levy and collection of taxes. - To levy and collect property taxes as provided in Section...
Section 72-18-22 - Reserve fund. - It shall be lawful for the board to assess benefit...
Section 72-18-23 - Delinquent taxes. - If the property tax is not paid, then delinquent real...
Section 72-18-24 - Inclusion of additional property. - The boundaries of any district organized under the provisions of...
Section 72-18-25 - Exclusion from district. - The owners of real property constituting a portion of any...
Section 72-18-25.1 - Exclusion from district; boundary adjustments. - Upon a finding by the secretary of the district that...
Section 72-18-26 - Liability of property included or excluded. - All taxable property annexed to a district shall thereafter be...
Section 72-18-27 - Dissolution; petition for election; application. - Whenever the majority of the directors of the board of...
Section 72-18-28 - Dissolution; requirements for application. - A. The application shall generally describe the boundaries of the...
Section 72-18-29 - Dissolution; notice of filing application. - A. Upon presentation of the application, the court shall publish...
Section 72-18-30 - Dissolution; hearings; court powers. - A. No application for dissolution shall be declared void on...
Section 72-18-31 - Dissolution; election notice. - If an election is ordered by the court, the court...
Section 72-18-32 - Dissolution; limitation on elections. - The question of dissolution of a district may be resubmitted...
Section 72-18-33 - Dissolution; order entered; conditions attached. - A. In the event the vote results in approval of...
Section 72-18-34 - Dissolution; disposition of remaining funds. - If the functions of a dissolved district are not continued,...
Section 72-18-35 - Election. - Wherever in the Flood Control District Act an election of...
Section 72-18-35.1 - Election of directors; established district. - In a district established pursuant to the Flood Control District...
Section 72-18-36 - Repealed. - History: Laws 1981, ch. 377, § 36; repealed by Laws...
Section 72-18-37 - Repealed. - History: Laws 1981, ch. 377, § 37; repealed by Laws...
Section 72-18-38 - Repealed. - History: Laws 1981, ch. 377, § 38; repealed by Laws...
Section 72-18-39 - Repealed. - History: Laws 1981, ch. 377, § 39; repealed by Laws...
Section 72-18-40 - Repealed. - History: Laws 1981, ch. 377, § 40; repealed by Laws...
Section 72-18-41 - Repealed. - History: Laws 1981, ch. 377, § 41; repealed by Laws...
Section 72-18-42 - Powers of public bodies. - The governing body of any municipality or other public body,...
Section 72-18-43 - Effect of extraterritorial functions. - All of the powers, privileges, immunities and rights, exemptions from...
Section 72-18-44 - Forms of borrowing. - Upon the conditions and circumstances set forth in the Flood...
Section 72-18-45 - Issuance of notes. - Any district is authorized to borrow money without an election...
Section 72-18-46 - Issuance of warrants. - A district is authorized to defray the cost of any...
Section 72-18-47 - Maturities of notes and warrants. - Notes and warrants may mature at such time or times...
Section 72-18-48 - Issuance of bonds and incurrence of debt. - A district is authorized to borrow money in anticipation of...
Section 72-18-49 - Issuance of interim debentures. - A district is authorized to borrow money and to issue...
Section 72-18-50 - Payment of securities. - All securities issued by any district shall be authorized by...
Section 72-18-51 - Additionally secured securities. - The board, in connection with such additionally secured securities, in...
Section 72-18-52 - Pledge of revenues. - Any revenues pledged directly or as additional security for the...
Section 72-18-53 - Payment recital in securities. - Each security issued under the Flood Control District Act shall...
Section 72-18-54 - Limitations upon payment of securities. - The payment of securities shall not be secured by an...
Section 72-18-55 - Security details. - Any securities authorized to be issued by the Flood Control...
Section 72-18-56 - Capitalization of costs. - Any resolution authorizing the issuance of securities or other instrument...
Section 72-18-57 - Execution of securities and interest coupons. - Except for securities issued in book entry or similar form...
Section 72-18-58 - Signatures of predecessors in office. - The securities and any coupons bearing the signatures of the...
Section 72-18-59 - Repurchase of securities. - Securities may be repurchased by the district out of any...
Section 72-18-60 - Limitations on liabilities. - Neither the directors nor any person executing securities issued under...
Section 72-18-61 - Interest after maturity. - No interest shall accrue on any security after it becomes...
Section 72-18-62 - Refunding bonds. - Any bonds issued under the Flood Control District Act may...
Section 72-18-63 - Issuance of interim debentures and pledge of bonds as collateral security. - Whenever a majority of the qualified electors of a district...
Section 72-18-64 - Interim debentures not to be extended. - No interim debenture issued pursuant to the provisions of Section...
Section 72-18-65 - Funding. - For the purpose of funding any interim debentures, any bond...
Section 72-18-66 - Publication or resolution of proceedings; actions. - The board shall provide for the publication once in full...
Section 72-18-67 - Property exempt from general taxes. - The effectuation of the powers authorized by the Flood Control...
Section 72-18-68 - Securities and income exempt. - Securities issued under the Flood Control District Act and the...
Section 72-18-69 - Freedom from judicial process. - Execution or other judicial process shall not issue against any...
Section 72-18-70 - Legal investments in securities. - It shall be legal for the state and any of...