2015 New Mexico Statutes
Chapter 72 - Water Law
Section 17 Las Cruces Metropolitan Arroyo Flood Control
Section 72-17-46 Issuance of interim debentures.
72-17-46. Issuance of interim debentures.
The authority is authorized to borrow money and to issue interim debentures evidencing "construction" or short-term loans for the acquisition or improvement and equipment of the flood control system or any project in supplementation of long term financing and the issuance of bonds, as provided in Sections 89, 90 and 91 [72-17-89 through 72-17-91 NMSA 1978] hereof.
History: 1953 Comp., 75-38-46, enacted by Laws 1967, ch. 156, 46.
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