New Mexico Statutes
§ 21-5-23 — [Tax exemption; security for public moneys.]
New Mexico § 21-5-23
JurisdictionNew Mexico
Ch. 21State and Private Education Institutions
Art. 5New Mexico School for the Blind and Visually
This text of New Mexico § 21-5-23 ([Tax exemption; security for public moneys.]) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 21-5-23 (2026).
Text
Bonds issued under the provisions of this act [21-5-12, 21-5-13, 21-5-15 to 21-5-23 NMSA 1978], being for the sole purposes specified in Section 1 [21-5-12 NMSA 1978] hereof, shall forever be and remain free and exempt from taxation by this state or any subdivision thereof. Such bonds may be deposited as security for public moneys by depositaries thereof within the state of New Mexico.
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Legislative History
1941 Comp., § 55-2218, enacted by Laws 1949, ch. 44, § 12; 1953 Comp., §
Nearby Sections
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Bluebook (online)
New Mexico § 21-5-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/21/21-5-23.