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.
§ 73-18-16 NMSA 1978
Use of district funds to pay contract indebtedness
Known as the The Conservancy District-Reclamation Contract Act
The act spans §§ 73–73 (48 sections).
Laws 1939, ch. 148, § 16; 1941 Comp., § 77-3116; 1953 Comp., § 75-32-16.
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.