Section 72-16-55 - Limitations upon incurring any debt.

NM Stat § 72-16-55 (2019) (N/A)
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Nothing in this act [72-16-1 through 72-16-103 NMSA 1978] contained shall be construed as creating or authorizing the creation of an indebtedness on the part of any municipality or other public body included in the authority, or elsewhere located.

History: 1953 Comp., § 75-36-55, enacted by Laws 1963, ch. 311, § 55.