View Our Newest Version Here

2011 New Mexico Statutes
Chapter 73: Special Districts
Article 21: Water and Sanitation Districts, 73-21-1 through 73-21-55
Section 73-21-53: Use of bond proceeds restricted.

Universal Citation:
NM Stat § 73-21-53 (1996 through 1st Sess 50th Legis)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

73-21-53. Use of bond proceeds restricted.

Proceeds from any bonds issued pursuant to the provisions of the Water and Sanitation District Act shall not be used by the board on any project constructed in fulfillment or partial fulfillment of requirements made of a subdivider by the provisions of the Land Subdivision Act [47-5-1 NMSA 1978] or the New Mexico Subdivision Act [47-6-1 NMSA 1978].

Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.