State Codes and Statutes

Statutes > New-mexico > Chapter-3 > Article-59 > Section-3-59-11

3-59-11. Bonds made legal investments.

Bonds issued under the provisions of the Pollution Control Revenue Bond Act [3-59-1 to 3-59-14 NMSA 1978] shall be legal investments for savings banks and insurance companies organized under the laws of this state and shall be eligible for pledging as collateral for public deposits.   

State Codes and Statutes

Statutes > New-mexico > Chapter-3 > Article-59 > Section-3-59-11

3-59-11. Bonds made legal investments.

Bonds issued under the provisions of the Pollution Control Revenue Bond Act [3-59-1 to 3-59-14 NMSA 1978] shall be legal investments for savings banks and insurance companies organized under the laws of this state and shall be eligible for pledging as collateral for public deposits.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-3 > Article-59 > Section-3-59-11

3-59-11. Bonds made legal investments.

Bonds issued under the provisions of the Pollution Control Revenue Bond Act [3-59-1 to 3-59-14 NMSA 1978] shall be legal investments for savings banks and insurance companies organized under the laws of this state and shall be eligible for pledging as collateral for public deposits.