New Mexico Statutes

§ 7-27-5.21 — New Mexico lottery revenue bonds

New Mexico § 7-27-5.21
JurisdictionNew Mexico
Ch. 7Taxation
Art. 27Severance Tax Bonding Act

This text of New Mexico § 7-27-5.21 (New Mexico lottery revenue bonds) 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. § 7-27-5.21 (2026).

Text

The severance tax permanent fund may be invested in revenue bonds issued by the New Mexico lottery authority pursuant to the provisions of the New Mexico Lottery Act [Chapter 6, Article 24 NMSA 1978]. The amount invested shall not exceed three million dollars ($3,000,000).

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Legislative History

Laws 1995, ch. 155, § 36.

Nearby Sections

15
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Bluebook (online)
New Mexico § 7-27-5.21, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-27-5.21.