State Codes and Statutes

Statutes > New-mexico > Chapter-7 > Article-24a > Section-7-24a-20

7-24A-20. Legal investments.

Bonds are legal investments for savings banks and insurance companies under the laws of this state. They are bonds, notes or other obligations of a county or municipality of this state, issued pursuant to a law of this state, for the purposes of investment or purchase by the state investment officer.   

State Codes and Statutes

Statutes > New-mexico > Chapter-7 > Article-24a > Section-7-24a-20

7-24A-20. Legal investments.

Bonds are legal investments for savings banks and insurance companies under the laws of this state. They are bonds, notes or other obligations of a county or municipality of this state, issued pursuant to a law of this state, for the purposes of investment or purchase by the state investment officer.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-7 > Article-24a > Section-7-24a-20

7-24A-20. Legal investments.

Bonds are legal investments for savings banks and insurance companies under the laws of this state. They are bonds, notes or other obligations of a county or municipality of this state, issued pursuant to a law of this state, for the purposes of investment or purchase by the state investment officer.