There is a newer version of the New Mexico Statutes
2009 New Mexico Statutes
Chapter 72 - Water Law.
Article 19 - Southern Sandoval County Flood Control
Section 72-19-41 - Issuance of notes.
72-19-41. Issuance of notes.
The authority is authorized to borrow money without an election in anticipation of taxes or other revenues, or both, and to issue notes to evidence the amount so borrowed.
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