New Mexico Statutes

§ 3-39-15 — Tax exemptions

New Mexico·Ch. 3 Municipalities·Art. 39 Municipal Airports
Bonds and their income and all mortgages or other instruments executed as security for them are exempt from all taxation by this state or any of its political subdivisions.

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Legislative History

1953 Comp., § 14-40-13, enacted by Laws 1965, ch. 300.

Nearby Sections

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