No interim debenture issued pursuant to the provisions of Section 89 [ 72-16-89 NMSA 1978] hereof shall be extended or funded except by the issuance or reissuance of a bond or bonds in compliance with Section 91 [ 72-16-91 NMSA 1978] hereof.
§ 72-16-90 NMSA 1978
Interim debentures not to be extended
Known as the Arroyo Flood Control Act
The act spans §§ 72–72 (104 sections).
1953 Comp., § 75-36-90, enacted by Laws 1963, ch. 311, § 90.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.