That conservancy districts heretofore or hereafter created under New Mexico statutes be and hereby are authorized to levy an assessment of not to exceed 10% of the special benefits confirmed and approved for the purpose of conserving and developing the resources thereof, servicing outstanding bonds or obligations of such districts and for other purposes under the terms and conditions herein specified.
§ 73-16-30 NMSA 1978
[Conservation and development of resources; assessments authorized.]
Laws 1935, ch. 37, § 1; 1941 Comp., § 77-2929; 1953 Comp., § 75-30-29.
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.