Statutes > New Mexico Statutes > Chapter 73 - Special Districts. > Article 13 - General Provisions Relating to Irrigation Districts, 73-13-1 through 73-13-47. > Section 73-13-13 - Total of loans not to exceed maximum.

Section 73-13-13 - Total of loans not to exceed maximum.

73-13-13. [Total of loans not to exceed maximum.]

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.