N.M. Stat. § 73-13-38

Current through 2024, ch. 69

Section 73-13-38 - Insolvency of municipal irrigation districts; appointment of receiver

That whenever any municipal irrigation district shall become insolvent and unable to pay its debts, the district court may, at the suit of its board of directors, appoint a receiver for such municipal irrigation district, to operate the same under the court's directions, for the purpose of conducting the affairs of such irrigation district.

NMS § 73-13-38

Laws 1931, ch. 55, § 1; 1941 Comp., § 77-2539; 1953 Comp., § 75-26-38.