State Codes and Statutes

Statutes > New-mexico > Chapter-73 > Article-16 > Section-73-16-52

73-16-52. [Bonds tax exempt; investment of state funds.]

Bonds issued under this act [73-16-50 to 73-16-53 NMSA 1978] shall be exempt from all state, county, municipal, school and other taxes imposed by any taxing authority of the state of New Mexico, and shall be considered as such interest-bearing securities as the permanent funds of the state of New Mexico may be invested in, as provided by law.   

State Codes and Statutes

Statutes > New-mexico > Chapter-73 > Article-16 > Section-73-16-52

73-16-52. [Bonds tax exempt; investment of state funds.]

Bonds issued under this act [73-16-50 to 73-16-53 NMSA 1978] shall be exempt from all state, county, municipal, school and other taxes imposed by any taxing authority of the state of New Mexico, and shall be considered as such interest-bearing securities as the permanent funds of the state of New Mexico may be invested in, as provided by law.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-73 > Article-16 > Section-73-16-52

73-16-52. [Bonds tax exempt; investment of state funds.]

Bonds issued under this act [73-16-50 to 73-16-53 NMSA 1978] shall be exempt from all state, county, municipal, school and other taxes imposed by any taxing authority of the state of New Mexico, and shall be considered as such interest-bearing securities as the permanent funds of the state of New Mexico may be invested in, as provided by law.