New Mexico § 7-27-24 Bonds tax free

New Mexico Statutes

§ 7-27-24 — Bonds tax free

New Mexico § 7-27-24

Ch. 7Taxation

Art. 27Severance Tax Bonding Act

This text of New Mexico § 7-27-24 (Bonds tax free) 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. § 7-27-24 (2026).

Text

All severance tax bonds and supplemental severance tax bonds shall be exempt from taxation by the state or any of its political subdivisions.

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Legislative History

1953 Comp., § 72-18-48, enacted by Laws 1961, ch. 5, § 21; 1999 (1st S.S.),

Nearby Sections

15

§ 7-1-1

Short title

§ 7-1-10

Records required by statute; taxpayer records; accounting

§ 7-1-11

Inspection of books of taxpayers; exception for marketplace

§ 7-1-11.1

Managed audits

§ 7-1-11.2

Required audit notices

§ 7-1-12

Identification of taxpayers

§ 7-1-12.1

Department to designate production unit; index;

§ 7-1-12.2

Notice of identification number assigned; operator may

§ 7-1-13

Taxpayer returns; payment of taxes; extension of time

§ 7-1-13.1

Method of payment of certain taxes due

§ 7-1-13.2

Repealed

§ 7-1-13.3

Repealed

§ 7-1-13.4

Electronic payments; reversals

§ 7-1-14

Reporting location instructions for purposes of reporting

§ 7-1-15

Secretary may set tax reporting and payment intervals

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Bluebook (online)

New Mexico § 7-27-24, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-27-24.