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2021 New Mexico Statutes
Chapter 73 - Special Districts
Article 18 - Conservancy Districts; Reclamation Contracts
Section 73-18-16 - Use of district funds to pay contract indebtedness.

Universal Citation:
NM Stat § 73-18-16 (2021)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

There may be used to pay indebtedness to the United States created by a reclamation contract, as the same may become due, the preliminary fund, construction fund, maintenance fund, guarantee fund or conservation and development fund, or any one or more of said funds, provided for by the Conservancy Act, of any contracting district within the provisions of Section 5 (B) [73-18-5 B NMSA 1978] of this act.

History: Laws 1939, ch. 148, § 16; 1941 Comp., § 77-3116; 1953 Comp., § 75-32-16.

ANNOTATIONS

Compiler's notes. — For the meaning of "Conservancy Act", see the compiler's notes to 73-18-1 NMSA 1978.

Cross references. — For preliminary, construction, maintenance and general funds, see 73-16-1 NMSA 1978.

For conservation and development fund, see 73-16-32 NMSA 1978.

For guarantee fund, see 73-16-41 NMSA 1978.

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