New Mexico § 7-27-9 Bonds to be known as severance tax bonds and

New Mexico Statutes

§ 7-27-9 — Bonds to be known as severance tax bonds and

New Mexico § 7-27-9

Ch. 7Taxation

Art. 27Severance Tax Bonding Act

This text of New Mexico § 7-27-9 (Bonds to be known as severance tax bonds and) 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. § 7-27-9 (2026).

Text

supplemental severance tax bonds.

A.Prior to July 1, 1999, all bonds issued wherein the money in the severance tax bonding fund is pledged for their retirement shall be known as "New Mexico severance tax bonds".

B.After July 1, 1999, there shall be two categories of bonds issued by the state board of finance wherein the money in the severance tax bonding fund is pledged for their retirement. Those bonds shall be known as "New Mexico severance tax bonds" and as "New Mexico supplemental severance tax bonds".

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supplemental severance tax bonds. A. Prior to July 1, 1999, all bonds issued wherein the money in the severance tax bonding fund is pledged for their retirement shall be known as "New Mexico severance tax bonds". B. After July 1, 1999, there shall be two categories of bonds issued by the state board of finance wherein the money in the severance tax bonding fund is pledged for their retirement. Those bonds shall be known as "New Mexico severance tax bonds" and as "New Mexico supplemental severance tax bonds".