New Mexico Statutes

§ 4-48B-24 — Revenue bonds; exemption from taxation

New Mexico § 4-48B-24
JurisdictionNew Mexico
Ch. 4Counties
Art. 48BHospital Funding

This text of New Mexico § 4-48B-24 (Revenue bonds; exemption from taxation) 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. § 4-48B-24 (2026).

Text

The revenue bonds issued under authority of the Hospital Funding Act and the income from the bonds, all mortgages or other security instruments executed as security for the bonds, all agreement [agreements] made pursuant to the provisions of that act and the revenues derived therefrom by a county shall be exempt from all taxation by the state or any political subdivision thereof.

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Legislative History

1978 Comp., § 4-48B-24, enacted by Laws 1981, ch. 83, § 24.

Nearby Sections

15
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Bluebook (online)
New Mexico § 4-48B-24, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/4/4-48B-24.