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NEW MEXICO STATUTES AND CODES
Section 73-13-38 - Insolvency of municipal irrigation districts; appointment of receiver.
73-13-38. [Insolvency of municipal irrigation districts; appointment of receiver.]
That whenever any municipal irrigation district shall become insolvent and unable to pay its debts, the district court may, at the suit of its board of directors, appoint a receiver for such municipal irrigation district, to operate the same under the court's directions, for the purpose of conducting the affairs of such irrigation district.
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