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§ 72-20-72 NMSA 1978

Sale discount or commission prohibited

Known as the Eastern Sandoval County Arroyo Flood Control Act

The act spans §§ 72–72 (104 sections).

Laws 2007, ch. 99, § 72.

No discount, except as provided by the Eastern Sandoval County Arroyo Flood Control Act, or commission shall be allowed or paid on or for any security sale to any purchaser or bidder, directly or indirectly, but nothing contained in that act shall be construed as prohibiting the board from employing legal, fiscal, engineering and other expert services in connection with any project or facilities authorized in that act and with the authorization, issuance and sale of securities.

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.