State Codes and Statutes
Statutes > New-mexico > Chapter-7 > Article-24a > Section-7-24a-207-24A-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.