New Mexico Statutes

§ 21-3-24 — [Tax exemption of New Mexico highlands university

New Mexico·Ch. 21 State and Private Education Institutions·Art. 3 Certain State Post-Secondary Schools
bonds.] That bonds issued under the provisions of this act [21-3-13, 21-3-14, 21-3-16 to 21- 3-28 NMSA 1978], and the income thereupon being for the sole purposes specified in Section 1 [21-3-13 NMSA 1978] hereof, shall forever be and remain free and exempt from taxation by the state of New Mexico or any subdivision thereof.

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Legislative History

Laws 1941, ch. 208, § 12; 1941 Comp., § 55-2126; 1953 Comp., § 73-22-26.

Nearby Sections

15
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