That conservancy districts heretofore or hereafter created under New Mexico statutes be and hereby are authorized to levy an assessment of not to exceed 10% of the special benefits confirmed and approved for the purpose of conserving and developing the resources thereof, servicing outstanding bonds or obligations of such districts and for other purposes under the terms and conditions herein specified.
History: Laws 1935, ch. 37, § 1; 1941 Comp., § 77-2929; 1953 Comp., § 75-30-29.
ANNOTATIONSEmergency clauses. — Laws 1935, ch. 37, § 12, made the act effective February 16, 1935.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.