Forms of borrowing

NMSA 1978, § 72-18-44 — under Article 18.

NMSA 1978, § 72-18-44

Upon the conditions and circumstances set forth in the Flood Control District Act, any district from time to time may borrow money to defray the cost of acquiring, improving or equipping any project, or any part thereof, as the board may determine, and issue the following securities to evidence such borrowing: A. notes; B. warrants; C. bonds; and D. interim debentures. History: Laws 1981, ch. 377, § 44.