Section 73-13-14 - [Debt constitutes lien on district.]

NM Stat § 73-13-14 (2019) (N/A)
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That obligations and evidence of debt issued by any district hereunder shall be a first lien on the income and property of such district, except outstanding bonds and lien obligations of [on] the records of the county clerk and recorder of the county or counties wherein said district be situated, as of prior date and recording of the loan or loans hereunder.

History: Laws 1933, ch. 52, § 7; 1941 Comp., § 77-2514; 1953 Comp., § 75-26-14.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 45 Am. Jur. 2d Irrigation § 107.

94 C.J.S. Waters § 336.