2015 New Mexico Statutes
Chapter 72 - Water Law
Section 16 Albuquerque Metropolitan Arroyo Flood Control
Section 72-16-35 Dissolution of authority.

NM Stat § 72-16-35 (2015) What's This?

72-16-35. Dissolution of authority.

If a remonstrance is received pursuant to Section 72-16-7 NMSA 1978 denying the board the power to acquire a flood control system or if the first proposal for the issuance of bonds fails to receive a favorable vote by a majority of the qualified electors voting thereon, the board shall proceed to dissolve the authority.

History: 1953 Comp., 75-36-35, enacted by Laws 1963, ch. 311, 35; 1985, ch. 190, 12.

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