2016 New Mexico Statutes
Chapter 72 - Water Law
Article 17 - Las Cruces Metropolitan Arroyo Flood Control
Section 72-17-72 - Sale discount or commission prohibited.
72-17-72. Sale discount or commission prohibited.
No discount, except as hereinabove provided, or commission shall be allowed or paid on or for any security sale to any purchaser or bidder, directly or indirectly; but nothing herein contained shall be construed as prohibiting the board from employing legal, fiscal, engineering and other expert services in connection with any project or facilities herein authorized and with the authorization, issuance and sale of securities.
History: 1953 Comp., 75-38-72, enacted by Laws 1967, ch. 156, 72.
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