New Mexico Statutes

§ 3-59-11 — Bonds made legal investments

New Mexico·Ch. 3 Municipalities·Art. 59 Pollution Control Revenue Bonds
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

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