[Bonds and obligations.]

  1. Law
  2. New Mexico Statutes
  3. Special Districts
  4. Drainage Districts; Construction, Operation and Maintenance
  5. [Bonds and obligations.]

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No bond or other money obligations issued by any drainage district shall be adversely affected by any subsequent change in assessments of benefits.

History: Laws 1912, ch. 84, § 77; Code 1915, § 1953; C.S. 1929, § 40-182; 1941 Comp., § 77-1951; 1953 Comp., § 75-20-51.

ANNOTATIONS

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

Am. Jur. 2d, A.L.R. and C.J.S. references. — 25 Am. Jur. 2d Drains and Drainage Districts §§ 48, 49.

28 C.J.S. Drains § 15 et seq.


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