[Total of loans not to exceed maximum.]

  1. Law
  2. New Mexico Statutes
  3. Special Districts
  4. General Provisions Relating to Irrigation Districts
  5. [Total of loans not to exceed maximum.]

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No second or subsequent loan shall be made hereunder where the total thereof, including loan previously made hereunder, shall exceed the maximum amount per acre authorized hereunder.

History: Laws 1933, ch. 52, § 6; 1941 Comp., § 77-2513; 1953 Comp., § 75-26-13.

ANNOTATIONS

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

Cross references. — For loan amount limit, see 73-13-8 NMSA 1978.


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