2011 New Mexico Statutes
Chapter 73: Special Districts
Article 13: General Provisions Relating to Irrigation Districts, 73-13-1 through 73-13-47
Section 73-13-14: Debt constitutes lien on district.


NM Stat § 73-13-14 (1996 through 1st Sess 50th Legis) What's This?

73-13-14. [Debt constitutes lien on district.]

That obligations and evidence of debt issued by any district hereunder shall be a first lien on the income and property of such district, except outstanding bonds and lien obligations of [on] the records of the county clerk and recorder of the county or counties wherein said district be situated, as of prior date and recording of the loan or loans hereunder.

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