State Codes and Statutes

Statutes > New-mexico > Chapter-22 > Article-19a > Section-22-19a-12

22-19A-12. Tax exemption; no charge against state.

Bonds are exempt from taxation by the state or any of its political subdivisions. No obligation created pursuant to the Teacher Housing Revenue Bond Act [22-19A-1 NMSA 1978] shall be a charge against or a debt of the state or any of its political subdivisions.   

State Codes and Statutes

Statutes > New-mexico > Chapter-22 > Article-19a > Section-22-19a-12

22-19A-12. Tax exemption; no charge against state.

Bonds are exempt from taxation by the state or any of its political subdivisions. No obligation created pursuant to the Teacher Housing Revenue Bond Act [22-19A-1 NMSA 1978] shall be a charge against or a debt of the state or any of its political subdivisions.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-22 > Article-19a > Section-22-19a-12

22-19A-12. Tax exemption; no charge against state.

Bonds are exempt from taxation by the state or any of its political subdivisions. No obligation created pursuant to the Teacher Housing Revenue Bond Act [22-19A-1 NMSA 1978] shall be a charge against or a debt of the state or any of its political subdivisions.