As soon as practical after the election, the directors shall meet for the purpose of organizing the board of directors. Each director, before entering upon his official duties, shall take and subscribe to an oath before an officer authorized to administer oaths, that he will honestly, faithfully and impartially perform the duties of his office, and that he will not be interested, directly or indirectly, in any contract let by said district, which said oath shall be filed in the original court proceeding for the formation of the district.
Upon taking the oath, the board shall choose one of their members chairman of the board and president of the district, and shall elect some suitable person secretary and treasurer of the board, who may, or may not, be a member of the board and shall require of the said secretary and treasurer a bond conditioned for the faithful performance of his duties, in such amount as to the directors may be deemed to be adequate for the protection of the district.
Such board shall adopt a seal, and shall keep, in a well-bound book, a record of all its proceedings, minutes of all meetings, certificates, contracts, bonds given by employees and all corporate acts, which shall be open to the inspection of all owners of property in the district, as well as to all other interested parties. It shall adopt a set of bylaws not inconsistent with the provisions of this act [73-1-1 to 73-1-13 and 73-1-16 to 73-1-23 NMSA 1978] for the conduct of the business and affairs of the district, and, when adopted, the same shall not be altered, amended or repealed except upon three (3) days' notice to each member of the board, service to be had by personal delivery or by mailing a copy of such notice in a sealed envelope, postage fully prepaid, to the address of the director to be served, or at a regular or called meeting at which all directors are present.
History: Laws 1931, ch. 97, § 15; 1941 Comp., § 77-1315; 1953 Comp., § 75-13-15.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Structure New Mexico Statutes
Chapter 73 - Special Districts
Article 1 - Artesian Conservancy Districts
Section 73-1-1 - [Purpose of districts.]
Section 73-1-2 - [Lands included in district; two or more artesian basins in one district.]
Section 73-1-3 - [Petition; signers; contents of petition.]
Section 73-1-4 - [Correction of errors in petition.]
Section 73-1-5 - [More than one petition for same district.]
Section 73-1-6 - Signing of petition.
Section 73-1-7 - [Tax roll as prima facie evidence of property ownership and value.]
Section 73-1-8 - [Bond; sufficiency; failure to execute additional bond when required.]
Section 73-1-9 - [Hearing; time and place; publication of notice.]
Section 73-1-10 - [Filing of objections; hearing as advanced cause.]
Section 73-1-12 - Recording of findings and decree; fees.
Section 73-1-14 - [Inclusion of additional lands after extension of basin boundaries.]
Section 73-1-15 - [District court procedure; notice.]
Section 73-1-16 - [Directors; term of office; vacancies on board.]
Section 73-1-17 - [Board of directors; oath of office; officers; seal; records; bylaws.]
Section 73-1-18 - [Majority to constitute quorum; concurrence of majority.]
Section 73-1-19 - [Secretary; duties; board of directors; powers; expenses.]
Section 73-1-20 - [Program of water conservation; prevention of leaking wells.]
Section 73-1-21 - Tax roll based on needed improvements; limitation.
Section 73-1-22 - Assessment and collection; levy to be property lien; time of payment.
Section 73-1-23 - [Loans in anticipation of taxes; repayment.]
Section 73-1-24 - [Underground waters.]
Section 73-1-26 - [Right of conservancy district to protest interference; appeal to district court.]