reglab/housing_qa huggingface dataset:
NM Stat § 73-21-47 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 21 - Water and Sanitation Districts|Section 73-21-47 - Proceeds of refunding bonds.

A. The proceeds of refunding bonds shall either be immediately applied to the retirement of the bonds being refunded or be placed in escrow in a commercial bank or trust company, either a state or national banking institution that possesses and is exercising trust powers, that is located within New Mexico and that is a member of the federal deposit insurance corporation, to be applied to the payment of the bonds being refunded upon their presentation for payment; provided, to the extent any incidental expenses have been capitalized, that the refunding bond proceeds may be used to defray such expenses; and any accrued interest and any premium appertaining to a sale of refunding bonds may be applied to the payment of the interest on them and the principal of them, or both interest and principal, or may be deposited in a reserve as the board may determine. B. Nothing in this section requires the establishment of an escrow account if the refunded bonds become due and payable within one year from the date of the refunding bonds and if the amount necessary to retire the refunded bonds within that time is deposited with the paying agent for the refunded bonds. C. An escrow account shall not be limited to proceeds of refunding bonds but may include other money available for the account's purpose. Any proceeds in escrow may be invested or reinvested in bills, certificates of indebtedness, notes or bonds that are direct obligations of, or the principal and interest of which obligations are unconditionally guaranteed by, the United States. D. The proceeds and investments in escrow, together with any interest derived from the investment of the escrow account, shall be sufficient to pay principal, interest, any prior redemption premium due and any charges of the escrow agent payable from the escrow account and to pay the bonds being refunded as they become due at their respective maturities or due at any designated prior redemption date on which the board shall exercise a prior redemption option. E. Any purchaser of any refunding bond issued pursuant to the Water and Sanitation District Act is not responsible for the application of the refunding bond proceeds by the district or any of its officers, agents or employees. History: 1953 Comp., § 75-18-44, enacted by Laws 1967, ch. 187, § 5; 1978 Comp., § 73-21-47; 2009, ch. 241, § 16. ANNOTATIONSThe 2009 amendment, effective June 19, 2009, made grammatical changes.
NM Stat § 73-21-48 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 21 - Water and Sanitation Districts|Section 73-21-48 - Refunding bonds; detail; form.

Refunding bonds shall bear interest payable annually or semiannually, and the refunding bonds shall be due and payable either as term or serial bonds as determined by the board; provided that no refunding bond shall mature more than twenty-five years from the date of the refunding bond. The form and terms of the refunding bonds, including provisions for their payment and redemption, shall be determined by the board. If the board so determines in the authorizing resolution, the refunding bonds may be redeemable prior to maturity without or with the payment of a premium, which may be in any amount determined by the board. History: 1953 Comp., § 75-18-45, enacted by Laws 1967, ch. 187, § 6; 1978 Comp., § 73-21-48; 2009, ch. 241, § 17. ANNOTATIONSThe 2009 amendment, effective June 19, 2009, made grammatical changes.
NM Stat § 73-21-49 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 21 - Water and Sanitation Districts|Section 73-21-49 - Combination of issues.

Bonds for refunding one or more issues originally authorized for one or more purposes and bonds for any other purpose authorized in the Water and Sanitation District Act may be issued separately or issued in combination in one series or more by any district. Bonds payable solely from revenues of any utility or combination of utilities of the district shall not be refunded by general obligation bonds that are payable from general ad valorem property taxes unless authorized at an election as provided in the Water and Sanitation District Act. History: 1953 Comp., § 75-18-46, enacted by Laws 1967, ch. 187, § 7; 1978 Comp., § 73-21-49; 2009, ch. 241, § 18. ANNOTATIONSThe 2009 amendment, effective June 19, 2009, in the second sentence, after "solely from revenues of any", deleted "water facilities or sewer facilities, or both, may" and added "utility or combination of utilities of the district shall". Am. Jur. 2d, A.L.R. and C.J.S. references. — 94 C.J.S. Waters § 234.
NM Stat § 73-21-50 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 21 - Water and Sanitation Districts|Section 73-21-50 - Tax levy for general obligation refunding bonds.

For the purpose of paying the principal of, any interest on or any prior redemption premium in connection with, any of the district's general obligation refunding bonds, the board may levy and collect general ad valorem taxes on and against all taxable property within the district in the same manner as other general ad valorem taxes. Any such tax levy shall be made without limitation as to rate or amount if made to pay the principal of, interest on or any prior redemption premium in connection with: A. any general obligation refunding bonds, issued at any time, which refund any of the district's general obligation bonds issued prior to April 2, 1965; B. any general obligation refunding bonds, issued at any time, which refund any outstanding general obligation refunding bonds which previously refunded any other general obligation bonds, so long as the general obligation bonds originally refunded were issued prior to April 2, 1965. Except as otherwise provided in its section, any such tax levy shall be subject to the tax limitation imposed by Section 4-54-4 NMSA 1978, as hereafter amended from time to time, if made to pay the principal of, interest on or any prior redemption premium in connection with: (1) any general obligation refunding bonds which refund any of the district's bonds which were issued on or after April 2, 1965, and for a purpose or purposes other than refunding; or (2) any general obligation refunding bonds which refund any outstanding general obligation refunding bonds which previously refunded any other general obligation bonds where the general obligation bonds originally refunded were issued on or after April 2, 1965, and for a purpose or purposes other than refunding. History: 1953 Comp., § 75-18-47, enacted by Laws 1967, ch. 187, § 8. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 94 C.J.S. Waters § 243.
NM Stat § 73-21-51 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 21 - Water and Sanitation Districts|Section 73-21-51 - Applicability of other bond provisions.

Except as otherwise provided in Sections 73-21-45 through 73-21-50 NMSA 1978, as hereafter amended from time to time, the limitations appertaining to the issuance and the terms and conditions of refunding bonds shall be the same as those provided in Sections 73-21-1 through 73-21-54 NMSA 1978, as hereafter amended from time to time, for an original issue of bonds. History: 1953 Comp., § 75-18-48, enacted by Laws 1967, ch. 187, § 9.
NM Stat § 73-21-52 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 21 - Water and Sanitation Districts|Section 73-21-52 - Duties of local government division.

The local government division of the department of finance and administration shall approve all budgets of water and sanitation districts and shall from time to time review fiscal policies of such districts and report to the legislature and the governor any actions or policies of the districts deemed to be in violation of the law or the best interest of the people of New Mexico. The district shall submit annually to the local government division its budget for approval in the manner required by regulation of the division. The district shall submit any other information or data concerning the operation of the district, as deemed necessary by the local government division. Violation of the provisions of this section by the board of any water and sanitation district or any officer thereof shall be deemed cause for removal or suspension in the manner as provided by law for county officers. History: 1953 Comp., § 75-18-48.1, enacted by Laws 1977, ch. 345, § 10. ANNOTATIONSCross references. — For removal and suspension of local public officers, see Chapter 10, Article 4 NMSA 1978.
NM Stat § 73-21-53 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 21 - Water and Sanitation Districts|Section 73-21-53 - Use of bond proceeds restricted.

Proceeds from any bonds issued pursuant to the provisions of the Water and Sanitation District Act shall not be used by the board on any project constructed in fulfillment or partial fulfillment of requirements made of a subdivider by the provisions of the Land Subdivision Act [47-5-1 to 47-5-8 NMSA 1978] or the New Mexico Subdivision Act [Chapter 47, Article 6 NMSA 1978]. History: 1953 Comp., § 75-18-48.2, enacted by Laws 1977, ch. 345, § 11.
NM Stat § 73-21-54 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 21 - Water and Sanitation Districts|Section 73-21-54 - Board's determination final.

The determination of the board that the limitations under Sections 73-21-45 through 73-21-51 NMSA 1978, as hereafter amended from time to time, imposed upon the issuance of refunding bonds have been met, shall be conclusive in the absence of fraud to the contrary. History: 1953 Comp., § 75-18-49, enacted by Laws 1967, ch. 187, § 10.
NM Stat § 73-22-1 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 22 - Wind Erosion Districts|Section 73-22-1 - Short title; purpose of act.

This act [73-22-1 to 73-22-5 NMSA 1978] may be cited as the "New Mexico Wind Erosion Act, 1955." To prevent damage to and loss of topsoils essential to the growing of agricultural crops and forage for livestock and to promote the general welfare of the people of the state of New Mexico, this act recognizes that certain prompt and effective preventive measures of an emergency nature must be taken against wind erosion and for such purpose wind erosion districts as herein provided may be established. History: 1953 Comp., § 45-6-22, enacted by Laws 1955, ch. 241, § 1. ANNOTATIONSLaw reviews. — For note, "Gabaldon v. Sanchez: New Developments in the Law of Nuisance, Negligence and Trespass," see 9 N.M.L. Rev. 367 (1979).
NM Stat § 73-22-2 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 22 - Wind Erosion Districts|Section 73-22-2 - Procedure for establishment of countywide erosion districts.

A. Freeholders owning in the aggregate in any county 25 percent of the total land area thereof may petition the board of county commissioners for the establishment of a wind erosion district coextensive with the boundaries of the county. Resident entrymen of federal public lands and lessees of state agricultural lands shall be considered as freeholders for the purposes of this act [73-22-1 to 73-22-5 NMSA 1978] and shall share all of the privileges and obligations thereof. B. The board of county commissioners after determining that any such petition is in conformity with the requirements of Subsection A of this section and upon payment by the petitioners of a sufficient sum to defray the cost shall order an election to be called on the question of the establishment of [such] wind erosion district. History: 1953 Comp., § 45-6-23, enacted by Laws 1955, ch. 241, § 2. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 73-22-4 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 22 - Wind Erosion Districts|Section 73-22-4 - Governing body of wind erosion district.

Whenever a wind erosion district is established under this act [73-22-1 to 73-22-5 NMSA 1978], the board of county commissioners shall be the governing body of such district. The district attorney of the county shall be the legal advisor to the governing body and the county treasurer and the county clerk shall be the treasurer and clerk, respectively, of such district. History: 1953 Comp., § 45-6-25, enacted by Laws 1955, ch. 241, § 4.
NM Stat § 73-22-5 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 22 - Wind Erosion Districts|Section 73-22-5 - Powers and duties of governing body of wind erosion district.

A. When a complaint in writing is filed with the governing body by any freeholder of the district or his duly authorized agent, complaining that his lands are being damaged by the effects of wind erosion on lands of an adjoining freeholder and after investigation, it appears that such damage may be minimized or avoided by preventive measures being taken against such wind erosion, it [the governing body] shall notify the owner of the land on which such measures need to be taken to put into effect within a reasonable time the preventive measure against wind erosion as specified in the notice to such owner. B. If the owner fails to accomplish the work specified in the notice to him within the time prescribed therein, the governing body shall have such work done forthwith charging the cost thereof to the county general fund but such fund shall be reimbursed upon receipt of payment of such cost as provided in Subsection C of this section. C. The cost of the work performed by the governing body under Subsection B of this section shall be assessed against the land in which the work was performed. Such assessment shall be treated as a special ad valorem assessment and shall be subject to payment, interest, penalties and enforcement in the same manner and to the same extent as county and state taxes. D. Any person aggrieved may, within thirty days after the filing of the notice of assessment in the office of the county treasurer, appeal to the district court. History: 1953 Comp., § 45-6-26, enacted by Laws 1955, ch. 241, § 5. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Cross references. — For Tax Administration Act, see Chapter 7, Article 1 NMSA 1978. For administration and enforcement of Property Tax Code, see 7-38-1 NMSA 1978 et seq. For procedures governing administrative appeals to the district court, see Rule 1-074 NMRA. For scope of review of the district court, see Zamora v. Village of Ruidoso Downs, 120 N.M. 778, 907 P.2d 182 (1995).
NM Stat § 73-23-1 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-1 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 1; 1989, ch. 339, § 1; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-1 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 1, relating to the short title, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-23-2 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-2 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 2; 1989, ch. 339, § 2; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-2 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 2, relating to findings and purpose, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-23-3 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-3 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 3; 1987, ch. 268, § 40; 1989, ch. 339, § 3; 1991, ch. 21, § 42; 1993, ch. 102, § 1; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-3 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 3, relating to creation of state transportation authority, members, compensation, organization, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-23-4 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-4 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 4; 1989, ch. 67, § 2; 1989, ch. 339, § 4; 1991, ch. 107, § 1; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-4 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 4, relating to state transportation authority, powers and duties, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-23-5 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-5 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 5; 1989, ch. 339, § 5; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-5 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 5, relating to transportation authority, powers of eminent domain, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-23-6 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-6 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 6; 1989, ch. 339, § 6; 1991, ch. 107, § 2; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-6 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 6, relating to transportation development districts, authority of local governments to create, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-23-7 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-7 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 7; 1991, ch. 107, § 3; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-7 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 7, relating to transportation development districts, directors, organization, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-23-8 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-8 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 8; 1989, ch. 339, § 7; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-8 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 8, relating to powers, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-23-9 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-9 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 9; 1989, ch. 339, § 8; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-9 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 9, relating to resource and passenger transportation bonds, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-23-10 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-10 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 10; 1989, ch. 339, § 9; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-10 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 10, relating to resource and passenger transportation bonds, terms, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-23-11 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-11 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 11; 1989, ch. 339, § 10; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-11 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 11, relating to refunding bonds, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-23-12 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-12 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 12; 1989, ch. 339, § 11; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-12 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 12, relating to bonds eligible for investment, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-23-13 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 23 - Resource and Transportation Development (Repealed.)|Section 73-23-13 - Repealed.

History: Laws 1985 (1st S.S.), ch. 14, § 13; 1989, ch. 339, § 12; repealed by Laws 1997, ch. 52, § 9.ANNOTATIONSRepeals. — Laws 1997, ch. 52, § 9 repealed 73-23-13 NMSA 1978, as enacted by Laws 1985 (1st S.S.), ch. 14, § 13, relating to exemption from taxation, effective July 1, 1997. For provisions of former section, see the 1996 NMSA 1978 on NMOneSource.com. For comparable provisions, see Chapter 67, Article 3 NMSA 1978.
NM Stat § 73-24-1 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 24 - Joint Flood and Drainage Planning Assessments|Section 73-24-1 - Short title.

The provisions of this act [73-24-1 to 73-24-4 NMSA 1978] may be cited as the "Joint Flood and Drainage Planning Assessments Act". History: Laws 1992, ch. 90, § 1.
NM Stat § 73-24-2 (2021)
2021 New Mexico Statutes|Chapter 73 - Special Districts|Article 24 - Joint Flood and Drainage Planning Assessments|Section 73-24-2 - Findings.

A. There is no mechanism for ensuring that flood and drainage planning assessments performed by flood control districts and conservancy districts are coordinated so as to ensure that conflicts in evaluation and planning for the needs of those districts are minimized and that public funds are expended in the optimal manner possible by flood control districts and conservancy districts that operate in overlapping or adjoining districts. B. Ensuring that flood and drainage planning assessments performed by flood control districts and conservancy districts that operate in overlapping or adjoining districts will improve coordination, reduce operating costs and enhance the effectiveness of flood control districts and conservancy districts. History: Laws 1992, ch. 90, § 2.