State Codes and Statutes

Statutes > New-mexico > Chapter-7 > Article-27 > Section-7-27-5-21

7-27-5.21. New Mexico lottery revenue bonds.

The severance tax permanent fund may be invested in revenue bonds issued by the New Mexico lottery authority pursuant to the provisions of the New Mexico Lottery Act [6-24-1 NMSA 1978].  The amount invested shall not exceed three million dollars ($3,000,000).   

State Codes and Statutes

Statutes > New-mexico > Chapter-7 > Article-27 > Section-7-27-5-21

7-27-5.21. New Mexico lottery revenue bonds.

The severance tax permanent fund may be invested in revenue bonds issued by the New Mexico lottery authority pursuant to the provisions of the New Mexico Lottery Act [6-24-1 NMSA 1978].  The amount invested shall not exceed three million dollars ($3,000,000).   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-7 > Article-27 > Section-7-27-5-21

7-27-5.21. New Mexico lottery revenue bonds.

The severance tax permanent fund may be invested in revenue bonds issued by the New Mexico lottery authority pursuant to the provisions of the New Mexico Lottery Act [6-24-1 NMSA 1978].  The amount invested shall not exceed three million dollars ($3,000,000).