New Mexico Statutes

§ 6-19-17 — Nature of all bonds issued pursuant to act

New Mexico § 6-19-17
JurisdictionNew Mexico
Ch. 6Public Finances
Art. 19Economic Advancement Districts

This text of New Mexico § 6-19-17 (Nature of all bonds issued pursuant to act) 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. § 6-19-17 (2026).

Text

Bonds issued pursuant to the authority of the Economic Advancement District Act: A. shall be legal investments for savings banks and insurance companies organized under the laws of this state; and B. shall be exempt from all taxation by the state or any political subdivision thereof.

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Legislative History

Laws 1987, ch. 115, § 17.

Nearby Sections

15
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Bluebook (online)
New Mexico § 6-19-17, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/6/6-19-17.