State Codes and Statutes

Statutes > New-mexico > Chapter-72 > Article-18 > Section-72-18-68

72-18-68. Securities and income exempt.

Securities issued under the Flood Control District Act [72-18-1 to 72-18-70 NMSA 1978] and the income therefrom are exempt from taxation by the district and any public body, except transfer, inheritance and estate taxes.   

State Codes and Statutes

Statutes > New-mexico > Chapter-72 > Article-18 > Section-72-18-68

72-18-68. Securities and income exempt.

Securities issued under the Flood Control District Act [72-18-1 to 72-18-70 NMSA 1978] and the income therefrom are exempt from taxation by the district and any public body, except transfer, inheritance and estate taxes.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-72 > Article-18 > Section-72-18-68

72-18-68. Securities and income exempt.

Securities issued under the Flood Control District Act [72-18-1 to 72-18-70 NMSA 1978] and the income therefrom are exempt from taxation by the district and any public body, except transfer, inheritance and estate taxes.