New Mexico Statutes

§ 7-24A-20 — Legal investments

New Mexico § 7-24A-20
JurisdictionNew Mexico
Ch. 7Taxation
Art. 24ACounty and Municipal Gasoline Tax

This text of New Mexico § 7-24A-20 (Legal investments) 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. § 7-24A-20 (2026).

Text

Bonds are legal investments for savings banks and insurance companies under the laws of this state. They are bonds, notes or other obligations of a county or municipality of this state, issued pursuant to a law of this state, for the purposes of investment or purchase by the state investment officer.

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Legislative History

1978 Comp., § 7-24A-20, enacted by Laws 1978, ch. 182, § 20.

Nearby Sections

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Bluebook (online)
New Mexico § 7-24A-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-24A-20.