§ 73-16-33. Conservancy bonds; conservation and development issue

That conservancy districts heretofore or hereafter organized under the provisions of the Conservancy Act of New Mexico, subsequent to the passage of a resolution authorizing the conservation and development fund assessment, may issue additional bonds to be known as “conservancy bonds-conservation and development issue” which bonds shall be in similar or like form to the bonds provided for under Section 506 of the Conservancy Act, save and except that they shall have printed thereon the following words: “Conservancy Bonds-Conservation and Development Issue,” and made otherwise to conform to the provisions of this act.