New Mexico Statutes
§ 3-52-12 — Legal investments
New Mexico § 3-52-12
This text of New Mexico § 3-52-12 (Legal investments) 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. § 3-52-12 (2026).
Text
Bonds are legal investments for savings banks and insurance companies under the laws of this state. They are bonds, notes or other obligations of a municipal subdivision of this state, issued pursuant to a law of this state, for the purposes of investment or purchase by the state investment officer.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1953 Comp., § 14-53-12, enacted by Laws 1965, ch. 300.
Nearby Sections
15
§ 3-1-1
Municipalities; short title§ 3-1-2
Definitions§ 3-1-6
Final day to act§ 3-10-4
Repealed§ 3-10-5
Repealed§ 3-10-8
Officers; delivery of records§ 3-11-1
ApplicabilityCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 3-52-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/3/3-52-12.