State Codes and Statutes

Statutes > New-mexico > Chapter-58 > Article-18a > Section-58-18a-11

58-18A-11. Exemption from taxation.

The bonds authorized by the Municipal Mortgage Finance Act [58-18A-1 NMSA 1978] and the income from the bonds shall be exempt from all taxation by the state or any political subdivision thereof, subject to the provisions of the Banking and Financial Corporations Tax Act.   

State Codes and Statutes

Statutes > New-mexico > Chapter-58 > Article-18a > Section-58-18a-11

58-18A-11. Exemption from taxation.

The bonds authorized by the Municipal Mortgage Finance Act [58-18A-1 NMSA 1978] and the income from the bonds shall be exempt from all taxation by the state or any political subdivision thereof, subject to the provisions of the Banking and Financial Corporations Tax Act.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-58 > Article-18a > Section-58-18a-11

58-18A-11. Exemption from taxation.

The bonds authorized by the Municipal Mortgage Finance Act [58-18A-1 NMSA 1978] and the income from the bonds shall be exempt from all taxation by the state or any political subdivision thereof, subject to the provisions of the Banking and Financial Corporations Tax Act.