New Mexico Statutes

§ 3-59-11 — Bonds made legal investments

New Mexico § 3-59-11
JurisdictionNew Mexico
Ch. 3Municipalities
Art. 59Pollution Control Revenue Bonds

This text of New Mexico § 3-59-11 (Bonds made 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. § 3-59-11 (2026).

Text

Bonds issued under the provisions of the Pollution Control Revenue Bond Act shall be legal investments for savings banks and insurance companies organized under the laws of this state and shall be eligible for pledging as collateral for public deposits.

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Legislative History

1953 Comp., § 14-60-11, enacted by Laws 1973, ch. 397, § 11.

Nearby Sections

15
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Bluebook (online)
New Mexico § 3-59-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/3/3-59-11.