New Mexico Statutes

§ 7-27-5.22 — Severance tax permanent fund; investment in obligations

New Mexico § 7-27-5.22
JurisdictionNew Mexico
Ch. 7Taxation
Art. 27Severance Tax Bonding Act

This text of New Mexico § 7-27-5.22 (Severance tax permanent fund; investment in obligations) 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. § 7-27-5.22 (2026).

Text

issued under Section 33-1-19 NMSA 1978 for corrections facilities. Subject to the approval of the state investment council, the severance tax permanent fund may be invested in bonds, certificates of participation or other obligations issued pursuant to Section 33-1-19 NMSA 1978 for corrections related facilities.

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Legislative History

1978 Comp., § 7-27-5.22, enacted by Laws 1995, ch. 215, § 2.

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Bluebook (online)
New Mexico § 7-27-5.22, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-27-5.22.