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NEW MEXICO STATUTES AND CODES

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

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

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.   

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