STATE STATUTES & CODES

NEW MEXICO STATUTES AND CODES

Article 20 - Eastern Sandoval County Arroyo Flood Control Act, 72-20-1 through 72-20-103.

• Section 72-20-1 - Short title.
• Section 72-20-2 - Legislative declaration.
• Section 72-20-3 - Decision of board or governing body final.
• Section 72-20-4 - Definitions.
• Section 72-20-5 - Creation of authority.
• Section 72-20-6 - Boundaries of authority.
• Section 72-20-7 - Petition for exclusion.
• Section 72-20-8 - Board of directors.
• Section 72-20-9 - Appointment of first board; initial management.
• Section 72-20-10 - Election of officers.
• Section 72-20-11 - Nomination of directors.
• Section 72-20-12 - Filling vacancies on the board.
• Section 72-20-13 - Organizational meetings.
• Section 72-20-14 - Board's administrative powers.
• Section 72-20-15 - Records of board.
• Section 72-20-16 - Meetings of the board.
• Section 72-20-17 - Compensation of directors.
• Section 72-20-18 - Interest in contracts and property disqualifications.
• Section 72-20-19 - Flood control system; hearings.
• Section 72-20-20 - Implementing powers.
• Section 72-20-21 - Protection of property rights.
• Section 72-20-22 - Additional powers of the authority.
• Section 72-20-23 - Levy and collection of taxes.
• Section 72-20-24 - Levies to cover deficiencies.
• Section 72-20-25 - Sinking fund.
• Section 72-20-26 - Manner of levying and collecting taxes.
• Section 72-20-27 - Delinquent taxes.
• Section 72-20-28 - Elections.
• Section 72-20-29 - Election resolution.
• Section 72-20-30 - Conduct of election.
• Section 72-20-31 - Notice of election.
• Section 72-20-32 - Polling places.
• Section 72-20-33 - Election supplies.
• Section 72-20-34 - Election returns.
• Section 72-20-35 - Dissolution of authority.
• Section 72-20-36 - Filing of dissolution resolution.
• Section 72-20-37 - Disposition of property, funds and taxes of authority.
• Section 72-20-38 - Powers of public bodies.
• Section 72-20-39 - Effects of extraterritorial functions.
• Section 72-20-40 - Forms of borrowing.
• Section 72-20-41 - Issuance of notes.
• Section 72-20-42 - Issuance of warrants.
• Section 72-20-43 - Maturities of notes and warrants.
• Section 72-20-44 - Issuance of bonds and incurrence of debt.
• Section 72-20-45 - Issuance of temporary bonds.
• Section 72-20-46 - Issuance of interim debentures.
• Section 72-20-47 - Payment of securities.
• Section 72-20-48 - Additionally secured securities.
• Section 72-20-49 - Pledge of revenues.
• Section 72-20-50 - Ranking among different issues.
• Section 72-20-51 - Ranking among securities of same issue.
• Section 72-20-52 - Payment recital in securities.
• Section 72-20-53 - Incontestable recital in securities.
• Section 72-20-54 - Limitations upon payment of securities.
• Section 72-20-55 - Limitations upon incurring any debt.
• Section 72-20-56 - Security details.
• Section 72-20-57 - Capitalization of costs.
• Section 72-20-58 - Other security details.
• Section 72-20-59 - Reissuance of securities.
• Section 72-20-60 - Negotiability.
• Section 72-20-61 - Single bonds.
• Section 72-20-62 - Lost or destroyed securities.
• Section 72-20-63 - Execution of securities.
• Section 72-20-64 - Interest coupons.
• Section 72-20-65 - Facsimile signatures.
• Section 72-20-66 - Facsimile seal.
• Section 72-20-67 - Signatures of predecessors in office.
• Section 72-20-68 - Facsimile signatures of predecessors.
• Section 72-20-69 - Repurchase of securities.
• Section 72-20-70 - Customary provisions.
• Section 72-20-71 - Sale of securities.
• Section 72-20-72 - Sale discount or commission prohibited.
• Section 72-20-73 - Application of proceeds.
• Section 72-20-74 - Use of unexpended proceeds.
• Section 72-20-75 - Validity unaffected by use of proceeds.
• Section 72-20-76 - Covenants in security proceedings.
• Section 72-20-77 - Remedies of security holders.
• Section 72-20-78 - Limitations upon liabilities.
• Section 72-20-79 - Cancellation of paid securities.
• Section 72-20-80 - Interest after maturity.
• Section 72-20-81 - Refunding bonds.
• Section 72-20-82 - Method of issuance.
• Section 72-20-83 - Limitations upon issuance.
• Section 72-20-84 - Use of refunding bond proceeds.
• Section 72-20-85 - Payment of refunding bonds.
• Section 72-20-86 - Combination of refunding and other bonds.
• Section 72-20-87 - Supplemental provisions.
• Section 72-20-88 - Board's determination final.
• Section 72-20-89 - Issuance of interim debentures and pledge of bonds as collateral security.
• Section 72-20-90 - Interim debentures not to be extended.
• Section 72-20-91 - Funding.
• Section 72-20-92 - Publication of resolution or proceedings.
• Section 72-20-93 - Failure to contest legality constitutes bar.
• Section 72-20-94 - Confirmation of contract proceedings.
• Section 72-20-95 - Review and judgment of court.
• Section 72-20-96 - Purpose of tax exemptions.
• Section 72-20-97 - Property exempt from general taxes.
• Section 72-20-98 - Securities and income therefrom exempt.
• Section 72-20-99 - Freedom from judicial process.
• Section 72-20-100 - Resort to judicial process.
• Section 72-20-101 - Legal investments in securities.
• Section 72-20-102 - Open Meetings Act.
• Section 72-20-103 - Liberal construction.

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