New Mexico Statutes
§ 5-5-25 — Exemption from taxation
Bonds issued by any municipality pursuant hereto and the income therefrom shall at all times be free from taxation by the state of New Mexico and any subdivision thereof, except for any estate, inheritance and transfer taxes.
Free access — add to your briefcase to read the full text and ask questions with AI
New Mexico § 5-5-25 (Exemption from taxation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
1953 Comp., § 6-9-24, enacted by Laws 1959, ch. 300, § 24.
Nearby Sections
15
§ 5-10-1
Short title§ 5-10-12
Plan and project termination§ 5-10-13
Limitations§ 5-10-14
Local Economic Development Act fund§ 5-10-2
Findings and purpose of act§ 5-10-3
Definitions