New Mexico Statutes
§ 7-27-31 — Severance tax income bond retirement fund created
There is created the "severance tax income bond retirement fund." Transfers from the severance tax income fund shall be made monthly to the severance tax income bond retirement fund in an amount sufficient, when added to the balance in the fund, to meet all principal and interest payments on bonds payable from the severance tax income bond retirement fund during the next twelve months.
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New Mexico § 7-27-31 (Severance tax income bond retirement fund created) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1981 (1st S.S.), ch. 9, § 4.
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-11.1
Managed audits§ 7-1-11.2
Required audit notices§ 7-1-12
Identification of taxpayers§ 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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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