Section 3-23-9 - Municipal utility; levy and collection of taxes not terminated by receivership

The appointment of a receiver as authorized in Section 3-23-7 NMSA 1978, does not release the municipality from its obligation to levy and collect the taxes provided by the terms of bonds or the law governing their issue. History: 1953 Comp., § 14-22-9, enacted by Laws 1965, ch. 300.