Statutes > New Mexico Statutes > Chapter 72 - Water Law. > Article 17 - Las Cruces Metropolitan Arroyo Flood Control, 72-17-1 through 72-17-103. > Section 72-17-90 - Interim debentures not to be extended.

Section 72-17-90 - Interim debentures not to be extended.

72-17-90. Interim debentures not to be extended.

No interim debenture issued pursuant to the provisions of Section 89 [72-17-89 NMSA 1978] hereof shall be extended or funded except by the issuance or reissuance of a bond or bonds in compliance with Section 91 [72-17-91 NMSA 1978] hereof.