{"data":{"id":"us-nm/72-16-51","jurisdiction":"us-nm","citation":"72-16-51","heading":"Ranking among securities of same issue.","body":"All securities of the same issue or series shall be equally and ratably secured without priority by reason of number, date of maturity, date of securities, of sale, of execution, or of delivery, by a lien on said revenues in accordance with the provisions of this act [Chapter 72, Article 16 NMSA 1978] and the resolution authorizing, or other instrument appertaining to, said securities, except to the extent such resolution or other instrument shall otherwise expressly provide.","path":["Chapter 72 - Water Law","ARTICLE 16 Albuquerque Metropolitan Arroyo Flood Control"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18575/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"a49ccd75587e8a9b2b127245d8c0219dd8058aab29b9b802d37a888f98f68c0b","source_id":"us-nm","stale":false,"prev":"us-nm/72-16-50","next":"us-nm/72-16-52"},"notice":"GroundRules: Original legal text. Not legal advice."}