There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 73: Special Districts
Article 13: General Provisions Relating to Irrigation Districts, 73-13-1 through 73-13-47
Section 73-13-13: Total of loans not to exceed maximum.
NM Stat § 73-13-13 (1996 through 1st Sess 50th Legis) What's This?
73-13-13. [Total of loans not to exceed maximum.]
No second or subsequent loan shall be made hereunder where the total thereof, including loan previously made hereunder, shall exceed the maximum amount per acre authorized hereunder.
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