NMSA 3-31-7. Revenue bonds; mortgaging water utility property — United States — New Mexico law | Esheria

NMSA 3-31-7. Revenue bonds; mortgaging water utility property

If revenue bonds are issued for a municipal water utility, the municipality may mortgage and convey the utility to a trustee to help secure payment of the bonds.

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Jurisdiction
United States — New Mexico
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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mortgaging property revenue bonds water utility property

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