2021 New Mexico Statutes
Chapter 73 - Special Districts
Article 11 - Irrigation Districts Cooperating with United States Under Reclamation Laws; Fiscal Affairs; Local Improvements and Special Powers
Section 73-11-39 - [Delinquent assessments; interest.]

Universal Citation: NM Stat § 73-11-39 (2021)

That on assessments made in irrigation districts, organized to cooperate with the United States government under the federal reclamation laws and other federal laws, after any such assessment shall become delinquent, the same shall bear interest at the rate of one-half (1/2%) percent per month until paid.

History: Laws 1937, ch. 76, § 1; 1953 Comp., § 75-24-38.1.

ANNOTATIONS

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

Cross references. — For federal reclamation laws, see 43 U.S.C. § 371 et seq.

For conflict with 73-11-38 NMSA 1978, see compiler's notes thereto.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 45 Am. Jur. 2d Irrigation § 72.

94 C.J.S. Waters § 334.

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