There is a newer version of the New Mexico Statutes
2016 New Mexico Statutes
Chapter 72 - Water Law
Article 16 - Albuquerque Metropolitan Arroyo Flood Control
Section 72-16-52 - Payment recital in securities.
NM Stat § 72-16-52 (2016) What's This?
72-16-52. Payment recital in securities.
Each security issued hereunder shall recite in substance that the security and the interest thereon are payable solely from the revenues or other moneys pledged to the payment thereof. Securities specifically pledging the full faith and credit of the authority for their payment shall so state.
History: 1953 Comp., 75-36-52, enacted by Laws 1963, ch. 311, 52.
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