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2015 New Mexico Statutes
Chapter 72 - Water Law
Section 16 Albuquerque Metropolitan Arroyo Flood Control
Section 72-16-49 Pledge of revenues.

NM Stat § 72-16-49 (2015) What's This?

72-16-49. Pledge of revenues.

Any such revenues pledged directly or as additional security for the payment of securities of any one issue or series which revenues are not exclusively pledged therefor, may subsequently be pledged directly or as additional security for the payment of the securities of one or more issue or series subsequently authorized.

History: 1953 Comp., 75-36-49, enacted by Laws 1963, ch. 311, 49.

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