New Mexico Statutes
§ 22-19-16 — Tax exemption; no charge against state
New Mexico § 22-19-16
This text of New Mexico § 22-19-16 (Tax exemption; no charge against state) 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. § 22-19-16 (2026).
Text
A.Bonds or other special obligations issued pursuant to the School Revenue Bond Act are exempt from taxation by the state or any of its political subdivisions.
B.No obligation created pursuant to the School Revenue Bond Act shall be a charge against or a debt of the state or any of its political subdivisions.
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Legislative History
1953 Comp., § 77-16-16, enacted by Laws 1967, ch. 16, § 255.
Nearby Sections
15
§ 22-1-1
Public School Code§ 22-1-1.1
Legislative findings and purpose§ 22-1-1.2
Legislative findings and purpose§ 22-1-11
Educational data system§ 22-1-16
Parental guidance for water safety§ 22-1-2
Definitions§ 22-1-2.1
Home school; requirementsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 22-19-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/22/22-19-16.