New Mexico Statutes

§ 4-60-12 — Exemption from taxation

New Mexico § 4-60-12
JurisdictionNew Mexico
Ch. 4Counties
Art. 60County Pollution Control Revenue Bonds

This text of New Mexico § 4-60-12 (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. § 4-60-12 (2026).

Text

The bonds authorized by the County Pollution Control Revenue Bond Act and the income from said bonds, all mortgages or other security instrument [instruments] executed as security for said bonds, all lease agreements made pursuant to the provisions hereof and revenue derived from any lease or sale by the county thereof shall be exempt from all taxation by New Mexico or any subdivision thereof.

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Legislative History

1978 Comp., § 4-60-12, enacted by Laws 1978, ch. 181, § 12.

Nearby Sections

15
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Bluebook (online)
New Mexico § 4-60-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/4/4-60-12.