New Mexico Statutes
Chapter 72 - Water Law

Section 72-17-89 - Issuance of interim debentures and pledge of bonds as collateral security. - Notwithstanding any limitation or other provision herein, whenever a majority...

Section 72-17-90 - Interim debentures not to be extended. - No interim debenture issued pursuant to the provisions of Section...

Section 72-17-91 - Funding. - For the purpose of funding any interim debenture or interim...

Section 72-17-92 - Publication of resolution or proceedings. - In its discretion the board may provide for the publication...

Section 72-17-93 - Failure to contest legality constitutes bar. - If no such action or proceedings shall be commenced or...

Section 72-17-94 - Confirmation of contract proceedings. - In its discretion the board may file a petition at...

Section 72-17-95 - Review and judgment of court. - The petition and notice shall be sufficient to give the...

Section 72-17-96 - Purpose of tax exemptions. - The effectuation of the powers herein authorized shall and will...

Section 72-17-97 - Property exempt from general taxes. - Thus, the authority shall not be required to pay any...

Section 72-17-98 - Securities and income therefrom exempt. - Securities issued hereunder and the income therefrom shall forever be...

Section 72-17-99 - Freedom from judicial process. - Execution or other judicial process shall not issue against any...

Section 72-17-100 - Resort to judicial process. - Section 99 [72-17-99 NMSA 1978] hereof does not apply to...

Section 72-17-101 - Legal investments in securities. - It shall be legal for the state and any of...

Section 72-17-102 - Civil rights. - The authority damaged by any such act may also bring...

Section 72-17-103 - Liberal construction. - This act [Chapter 72, Article 17 NMSA 1978] being necessary...

Article 18 - Flood Control Districts

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...

Article 19 - Southern Sandoval County Flood Control

Section 72-19-1 - Short title. - Chapter 72, Article 19 NMSA 1978 may be cited as...

Section 72-19-2 - Legislative declaration. - It is declared as a matter of legislative determination that:...

Section 72-19-3 - Decision of board or governing body final. - The action and decision of the board as to all...

Section 72-19-4 - Definitions. - Except where the context otherwise requires, as used in the...

Section 72-19-5 - Creation of authority. - There is created a flood control authority to be known...

Section 72-19-6 - Boundaries of authority. - The boundaries of the authority are as follows: a portion...

Section 72-19-7 - Provision for remonstrances. - Within one hundred eighty days from the time the Southern...

Section 72-19-8 - Board of directors. - The governing body of the authority is a board of...

Section 72-19-9 - Appointment of first board. - When the Southern Sandoval County Arroyo Flood Control Act goes...

Section 72-19-10 - Election of directors. - At the time that a proposal to incur debt is...

Section 72-19-11 - Nomination of directors. - Written nominations of any candidate as director may be filed...

Section 72-19-12 - Filling vacancies on board. - Upon a vacancy occurring in the board by reason of...

Section 72-19-13 - Organizational meetings. - Except for the first board, each board shall meet on...

Section 72-19-14 - Board's administrative powers. - The board may exercise the following powers: A. fix the...

Section 72-19-15 - Records of board. - On all resolutions and orders, the roll shall be called,...

Section 72-19-16 - Meetings of board. - All meetings of the board shall be held within the...

Section 72-19-17 - Compensation of directors. - Directors shall receive no compensation for their services as a...

Section 72-19-18 - Interest in contracts and property disqualifications. - No director or officer, employee or agent of the authority...

Section 72-19-19 - Flood control system; hearings. - The authority is authorized, empowered and directed, subject to the...

Section 72-19-20 - Implementing powers. - The board may: A. acquire, improve, equip, maintain and operate...

Section 72-19-21 - Protection of property rights. - It is declared that the use of the property, lands,...

Section 72-19-22 - Additional powers of the authority. - The authority may exercise the following duties, privileges, immunities, rights,...

Section 72-19-23 - Levy and collection of taxes. - To levy and collect taxes, the board shall determine in...

Section 72-19-24 - Levies to cover deficiencies. - The board, in certifying annual levies, shall take into account...

Section 72-19-25 - Sinking fund. - Whenever any indebtedness has been incurred by the authority, it...

Section 72-19-26 - Manner of levying and collecting taxes. - It is the duty of the body having authority to...

Section 72-19-27 - Delinquent taxes. - If the general (ad valorem) taxes levied are not paid,...

Section 72-19-28 - Elections. - Each biennial election of directors and other election of the...

Section 72-19-29 - Repealed. - History: Laws 1990, ch. 14, § 29; 2003, ch. 128,...

Section 72-19-30 - Repealed. - History: Laws 1990, ch. 14, § 30; repealed by Laws...

Section 72-19-31 - Repealed. - History:Laws 1990, ch. 14, § 31; repealed by Laws 2018,...

Section 72-19-32 - Repealed. - History: Laws 1990, ch. 14, § 32; 1993, ch. 324,...

Section 72-19-33 - Repealed. - History: Laws 1990, ch. 14, § 33; repealed by Laws...

Section 72-19-34 - Repealed. - History: Laws 1990, ch. 14, § 34; 1991, ch. 60,...

Section 72-19-35 - Dissolution of authority. - If a remonstrance is received pursuant to Section 7 [72-19-7...

Section 72-19-36 - Filing of dissolution resolution. - Within thirty days after the effective date of any resolution...

Section 72-19-37 - Disposition of property, funds and taxes of authority. - All property and all funds remaining in the treasury of...

Section 72-19-38 - Powers of public bodies. - The governing body of any municipality, federally authorized Indian pueblo...

Section 72-19-39 - Effect of extraterritorial functions. - All of the powers, privileges, immunities and rights, exemptions from...

Section 72-19-40 - Forms of borrowing. - Upon the conditions and under the circumstances set forth in...

Section 72-19-41 - Issuance of notes. - The authority is authorized to borrow money without an election...

Section 72-19-42 - Issuance of warrants. - The authority is authorized to defray the cost of any...

Section 72-19-43 - Maturities of notes and warrants. - Notes and warrants may mature at such time not exceeding...

Section 72-19-44 - Issuance of bonds and incurrence of debt. - The authority is authorized to borrow money in anticipation of...

Section 72-19-45 - Issuance of temporary bonds. - The authority is authorized to issue temporary bonds, pending preparation...

Section 72-19-46 - Issuance of interim debentures. - The authority is authorized to borrow money and to issue...

Section 72-19-47 - Payment of securities. - All securities issued by the authority shall be authorized by...

Section 72-19-48 - Additionally secured securities. - The board, in connection with such additionally secured securities, in...

Section 72-19-49 - Pledge of revenues. - Any such revenues pledged directly or as additional security for...

Section 72-19-50 - Ranking among different issues. - All securities of the same issue or series shall, subject...

Section 72-19-51 - Ranking among securities of same issue. - All securities of the same issue or series shall be...

Section 72-19-52 - Payment recital in securities. - Each security issued under the Southern Sandoval County Arroyo Flood...

Section 72-19-53 - Incontestable recital in securities. - Any resolution authorizing, or other instrument appertaining to, any securities...

Section 72-19-54 - Limitations upon payment of securities. - The payment of securities shall not be secured by an...

Section 72-19-55 - Limitations upon incurring any debt. - Nothing in the Southern Sandoval County Arroyo Flood Control Act...

Section 72-19-56 - Security details. - Any securities authorized to be issued in the Southern Sandoval...

Section 72-19-57 - Capitalization of costs. - Any resolution authorizing the issuance of securities or other instrument...

Section 72-19-58 - Other security details. - Securities may be issued in such manner, in such form,...

Section 72-19-59 - Reissuance of securities. - Any resolution authorizing the issuance of securities or any other...

Section 72-19-60 - Negotiability. - Subject to the payment provisions specifically provided in the Southern...

Section 72-19-61 - Single bonds. - Notwithstanding any other provision of law, the board in any...

Section 72-19-62 - Lost or destroyed securities. - If lost or completely destroyed, any security may be reissued...

Section 72-19-63 - Execution of securities. - Any security shall be executed in the name of and...

Section 72-19-64 - Interest coupons. - Except for any bonds which are registrable for payment of...

Section 72-19-65 - Facsimile signatures. - Any of the officers, after filing with the secretary of...

Section 72-19-66 - Facsimile seal. - The secretary may cause the seal of the district to...

Section 72-19-67 - Signatures of predecessors in office. - The securities and any coupons bearing the signatures of the...

Section 72-19-68 - Facsimile signatures of predecessors. - Any officer authorized or permitted in the Southern Sandoval County...

Section 72-19-69 - Repurchase of securities. - The securities may be repurchased by the authority out of...

Section 72-19-70 - Customary provisions. - The resolution authorizing the securities or other instrument appertaining thereto...

Section 72-19-71 - Sale of securities. - Any securities authorized in the Southern Sandoval County Arroyo Flood...

Section 72-19-72 - Sale discount or commission prohibited. - No discount, except as provided by the Southern Sandoval County...

Section 72-19-73 - Application of proceeds. - All money received from the issuance of any securities authorized...

Section 72-19-74 - Use of unexpended proceeds. - Any unexpended balance of such security proceeds remaining after the...

Section 72-19-75 - Validity unaffected by use of proceeds. - The validity of such securities shall not be dependent on...

Section 72-19-76 - Covenants in security proceedings. - Any resolution or trust indenture authorizing the issuance of securities...

Section 72-19-77 - Remedies of security holders. - Subject to any contractual limitations binding upon the holders of...

Section 72-19-78 - Limitations upon liabilities. - Neither the directors nor any person executing securities issued under...

Section 72-19-79 - Cancellation of paid securities. - Whenever the treasurer shall redeem and pay any of the...

Section 72-19-80 - Interest after maturity. - No interest shall accrue on any security in the Southern...

Section 72-19-81 - Refunding bonds. - Any bonds issued under the Southern Sandoval County Arroyo Flood...

Section 72-19-82 - Method of issuance. - Any bonds issued for refunding purposes may either be delivered...

Section 72-19-83 - Limitations upon issuance. - No bonds may be refunded under the Southern Sandoval County...

Section 72-19-84 - Use of refunding bond proceeds. - The proceeds of refunding bonds shall either be immediately applied...

Section 72-19-85 - Payment of refunding bonds. - Refunding revenue bonds may be made payable from any revenues...

Section 72-19-86 - Combination of refunding and other bonds. - Bonds for refunding and bonds for any other purpose or...

Section 72-19-87 - Supplemental provisions. - Except as specifically provided or necessarily implied in the Southern...

Section 72-19-88 - Board's determination final. - The determination of the board that the limitations imposed upon...

Section 72-19-89 - Issuance of interim debentures and pledge of bonds as collateral security. - Notwithstanding any limitation or other provision in the Southern Sandoval...

Section 72-19-90 - Interim debentures not to be extended. - No interim debenture issued pursuant to the provisions of Section...

Section 72-19-91 - Funding. - For the purpose of funding any interim debenture or interim...

Section 72-19-92 - Publication of resolution or proceedings. - In its discretion, the board may provide for the publication...

Section 72-19-93 - Failure to contest legality constitutes bar. - If no such action or proceedings are commenced or instituted...

Section 72-19-94 - Confirmation of contract proceedings. - In its discretion, the board may file a petition at...

Section 72-19-95 - Review and judgment of court. - The petition and notice shall be sufficient to give the...

Section 72-19-96 - Purpose of tax exemptions. - The effectuation of the powers authorized in the Southern Sandoval...

Section 72-19-97 - Property exempt from general taxes. - The authority shall not be required to pay any general...

Section 72-19-98 - Securities and income therefrom exempt. - Securities issued under the Southern Sandoval County Arroyo Flood Control...

Section 72-19-99 - Freedom from judicial process. - Execution or other judicial process shall not issue against any...

Section 72-19-100 - Resort to judicial process. - Section 99 [72-19-99 NMSA 1978] of the Southern Sandoval County...

Section 72-19-101 - Legal investments in securities. - It shall be legal for the state and any of...

Section 72-19-102 - Civil rights. - The authority damaged by any such act may also bring...

Section 72-19-103 - Liberal construction. - The Southern Sandoval County Arroyo Flood Control Act, being necessary...

Article 20 - Eastern Sandoval County Arroyo Flood Control Act

Section 72-20-1 - Short title. - Chapter 72, Article 20 NMSA 1978 may be cited as...

Section 72-20-2 - Legislative declaration. - It is declared as a matter of legislative determination that:...

Section 72-20-3 - Decision of board or governing body final. - The action and decision of the board as to all...

Section 72-20-4 - Definitions. - Except where the context otherwise requires, as used in the...

Section 72-20-5 - Creation of authority. - There is created a flood control authority to be known...

Section 72-20-6 - Boundaries of authority. - A. Except as provided in Subsections B and C of...

Section 72-20-7 - Petition for exclusion. - Within one hundred eighty days from the effective date of...

Section 72-20-8 - Board of directors. - A. The governing body of the authority is a board...

Section 72-20-9 - Appointment of first board; initial management. - A. When the Eastern Sandoval County Arroyo Flood Control Act...

Section 72-20-10 - Election of directors; single-member districts. - A. At the time that a proposal to incur debt...

Section 72-20-11 - Nomination of directors. - Written nominations of any candidate as director may be filed...

Section 72-20-12 - Filling vacancies on the board. - Upon a vacancy occurring in the board by reason of...

Section 72-20-13 - Organizational meetings. - Except for the first board, each board shall meet on...

Section 72-20-14 - Board's administrative powers. - The board may exercise the following powers: A. fix the...

Section 72-20-15 - Records of board. - On all resolutions and orders, the roll shall be called,...

Section 72-20-16 - Meetings of the board. - All meetings of the board shall be held within the...

Section 72-20-17 - Compensation of directors. - Directors shall receive no compensation for their services as a...

Section 72-20-18 - Interest in contracts and property disqualifications. - No director or officer, employee or agent of the authority...

Section 72-20-19 - Flood control system; hearings. - The authority is authorized, empowered and directed, subject to the...

Section 72-20-20 - Implementing powers. - The board may: A. acquire, improve, equip, maintain and operate...

Section 72-20-21 - Protection of property rights. - It is declared that the use of the property, lands,...

Section 72-20-22 - Additional powers of the authority. - The authority may exercise the following duties, privileges, immunities, rights,...

Section 72-20-23 - Levy and collection of taxes. - To levy and collect taxes, the board shall determine in...

Section 72-20-23.1 - Temporary provision; limitation on property taxes on excluded land; exceptions for certain authorized debt obligations; approval of department of finance and administration. - A. On or after the effective date of this act,...

Section 72-20-24 - Levies to cover deficiencies. - The board, in certifying annual levies, shall take into account...

Section 72-20-25 - Sinking fund. - Whenever any indebtedness has been incurred by the authority, it...

Section 72-20-26 - Manner of levying and collecting taxes. - It is the duty of the body having authority to...

Section 72-20-27 - Delinquent taxes. - If the general (ad valorem) taxes levied are not paid,...

Section 72-20-28 - Elections. - Each biennial election of directors and any other election of...

Section 72-20-29 - Repealed. - History: Laws 2007, ch. 99, § 29; repealed by Laws...

Section 72-20-30 - Repealed. - History: Laws 2007, ch. 99, § 30; repealed by Laws...

Section 72-20-31 - Repealed. - History: Laws 2007, ch. 99, § 31; repealed by Laws...

Section 72-20-32 - Repealed. - History: Laws 2007, ch. 99, § 32; repealed by Laws...

Section 72-20-33 - Repealed. - History: Laws 2007, ch. 99, § 33; repealed by Laws...

Section 72-20-34 - Repealed. - History: Laws 2007, ch. 99, § 34; repealed by Laws...

Section 72-20-35 - Dissolution of authority. - If a petition is received pursuant to Section 7 [72-20-7...

Section 72-20-36 - Filing of dissolution resolution. - Within thirty days after the effective date of any resolution...

Section 72-20-37 - Disposition of property, funds and taxes of authority. - All property and all funds remaining in the treasury of...

Section 72-20-38 - Powers of public bodies. - The governing body of any municipality, federally authorized Indian nation,...

Section 72-20-39 - Effects of extraterritorial functions. - All of the powers, privileges, immunities and rights, exemptions from...

Section 72-20-40 - Forms of borrowing. - Upon the conditions and under the circumstances set forth in...

Section 72-20-41 - Issuance of notes. - The authority is authorized to borrow money without an election...

Section 72-20-42 - Issuance of warrants. - The authority is authorized to defray the cost of any...

Section 72-20-43 - Maturities of notes and warrants. - Notes and warrants may mature at such time not exceeding...

Section 72-20-44 - Issuance of bonds and incurrence of debt. - The authority is authorized to borrow money in anticipation of...

Section 72-20-45 - Issuance of temporary bonds. - The authority is authorized to issue temporary bonds, pending preparation...

Section 72-20-46 - Issuance of interim debentures. - The authority is authorized to borrow money and to issue...

Section 72-20-47 - Payment of securities. - All securities issued by the authority shall be authorized by...

Section 72-20-48 - Additionally secured securities. - The board, in connection with such additionally secured securities, in...

Section 72-20-49 - Pledge of revenues. - Any such revenues pledged directly or as additional security for...

Section 72-20-50 - Ranking among different issues. - All securities of the same issue or series shall, subject...

Section 72-20-51 - Ranking among securities of same issue. - All securities of the same issue or series shall be...

Section 72-20-52 - Payment recital in securities. - Each security issued under the Eastern Sandoval County Arroyo Flood...

Section 72-20-53 - Incontestable recital in securities. - Any resolution authorizing, or other instrument appertaining to, any securities...

Section 72-20-54 - Limitations upon payment of securities. - The payment of securities shall not be secured by an...

Section 72-20-55 - Limitations upon incurring any debt. - Nothing in the Eastern Sandoval County Arroyo Flood Control Act...

Section 72-20-56 - Security details. - Any securities authorized to be issued in the Eastern Sandoval...

Section 72-20-57 - Capitalization of costs. - Any resolution authorizing the issuance of securities or other instrument...

Section 72-20-58 - Other security details. - Securities may be issued in such manner, in such form,...

Section 72-20-59 - Reissuance of securities. - Any resolution authorizing the issuance of securities or any other...

Section 72-20-60 - Negotiability. - Subject to the payment provisions specifically provided in the Eastern...

Section 72-20-61 - Single bonds. - Notwithstanding any other provision of law, the board in any...

Section 72-20-62 - Lost or destroyed securities. - If lost or completely destroyed, any security may be reissued...

Section 72-20-63 - Execution of securities. - Any security shall be executed in the name of and...

Section 72-20-64 - Interest coupons. - Except for any bonds that are registrable for payment of...

Section 72-20-65 - Facsimile signatures. - Any of the officers, after filing with the secretary of...

Section 72-20-66 - Facsimile seal. - The secretary may cause the seal of the authority to...

Section 72-20-67 - Signatures of predecessors in office. - The securities and any coupons bearing the signatures of the...

Section 72-20-68 - Facsimile signatures of predecessors. - Any officer authorized or permitted in the Eastern Sandoval County...

Section 72-20-69 - Repurchase of securities. - The securities may be repurchased by the authority out of...

Section 72-20-70 - Customary provisions. - The resolution authorizing the securities or other instrument appertaining thereto...

Section 72-20-71 - Sale of securities. - Any securities authorized in the Eastern Sandoval County Arroyo Flood...

Section 72-20-72 - Sale discount or commission prohibited. - No discount, except as provided by the Eastern Sandoval County...

Section 72-20-73 - Application of proceeds. - All money received from the issuance of any securities authorized...

Section 72-20-74 - Use of unexpended proceeds. - Any unexpended balance of such security proceeds remaining after the...

Section 72-20-75 - Validity unaffected by use of proceeds. - The validity of such securities shall not be dependent on...

Section 72-20-76 - Covenants in security proceedings. - Any resolution or trust indenture authorizing the issuance of securities...

Section 72-20-77 - Remedies of security holders. - Subject to any contractual limitations binding upon the holders of...

Section 72-20-78 - Limitations upon liabilities. - Neither the directors nor any person executing securities issued under...

Section 72-20-79 - Cancellation of paid securities. - Whenever the treasurer shall redeem and pay any of the...

Section 72-20-80 - Interest after maturity. - No interest shall accrue on any security in the Eastern...

Section 72-20-81 - Refunding bonds. - Any bonds issued under the Eastern Sandoval County Arroyo Flood...

Section 72-20-82 - Method of issuance. - Any bonds issued for refunding purposes may either be delivered...

Section 72-20-83 - Limitations upon issuance. - No bonds may be refunded under the Eastern Sandoval County...

Section 72-20-84 - Use of refunding bond proceeds. - The proceeds of refunding bonds shall either be immediately applied...

Section 72-20-85 - Payment of refunding bonds. - Refunding revenue bonds may be made payable from any revenues...

Section 72-20-86 - Combination of refunding and other bonds. - Bonds for refunding and bonds for any other purpose or...

Section 72-20-87 - Supplemental provisions. - Except as specifically provided or necessarily implied in the Eastern...

Section 72-20-88 - Board's determination final. - The determination of the board that the limitations imposed upon...

Section 72-20-89 - Issuance of interim debentures and pledge of bonds as collateral security. - Notwithstanding any limitation or other provision in the Eastern Sandoval...

Section 72-20-90 - Interim debentures not to be extended. - No interim debenture issued pursuant to the provisions of Section...

Section 72-20-91 - Funding. - For the purpose of funding any interim debenture or interim...

Section 72-20-92 - Publication of resolution or proceedings. - In its discretion, the board may provide for the publication...

Section 72-20-93 - Failure to contest legality constitutes bar. - If no such action or proceedings are commenced or instituted...

Section 72-20-94 - Confirmation of contract proceedings. - In its discretion, the board may file a petition at...

Section 72-20-95 - Review and judgment of court. - The petition and notice shall be sufficient to give the...

Section 72-20-96 - Purpose of tax exemptions. - The effectuation of the powers authorized in the Eastern Sandoval...

Section 72-20-97 - Property exempt from general taxes. - The authority shall not be required to pay any general...

Section 72-20-98 - Securities and income therefrom exempt. - Securities issued under the Eastern Sandoval County Arroyo Flood Control...

Section 72-20-99 - Freedom from judicial process. - Execution or other judicial process shall not issue against any...

Section 72-20-100 - Resort to judicial process. - Section 99 [72-20-99 NMSA 1978] of the Eastern Sandoval County...

Section 72-20-101 - Legal investments in securities. - It shall be legal for the state and any of...

Section 72-20-102 - Open Meetings Act. - All actions and business of the board, including the first...

Section 72-20-103 - Liberal construction. - The Eastern Sandoval County Arroyo Flood Control Act, being necessary...

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New Mexico Statutes Chapter 72 - Water Law

New Mexico Statutes
Chapter 72 - Water Law