New Mexico Statutes

§ 21-8-26 — [Bonds exempt from taxation.]

New Mexico § 21-8-26
JurisdictionNew Mexico
Ch. 21State and Private Education Institutions
Art. 8New Mexico State University

This text of New Mexico § 21-8-26 ([Bonds exempt from taxation.]) 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. § 21-8-26 (2026).

Text

Bonds issued under the provisions of this act [21-8-15, 21-8-16, 21-8-18 to 21-8-26 NMSA 1978], being for the sole purposes specified in Section 1 [21-8-15 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 monies by depositaries thereof within the state of New Mexico.

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Legislative History

Laws 1929, ch. 40, § 13; C.S. 1929, § 130-1026; 1941 Comp., § 55-2525;

Nearby Sections

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Bluebook (online)
New Mexico § 21-8-26, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/21/21-8-26.