2009 New Mexico Statutes
Chapter 72 - Water Law.
Article 19 - Southern Sandoval County Flood Control
Section 72-19-72 - Sale discount or commission prohibited.
72-19-72. Sale discount or commission prohibited.
No discount, except as provided by the Southern Sandoval County Arroyo Flood Control Act [72-19-1 to 72-19-103 NMSA 1978], or commission shall be allowed or paid on or for any security sale to any purchaser or bidder, directly or indirectly, but nothing contained in that act shall be construed as prohibiting the board from employing legal, fiscal, engineering and other expert services in connection with any project or facilities authorized in that act and with the authorization, issuance and sale of securities.
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