New Mexico Statutes

§ 71-10-6 — Revenue bonds; exemption from taxation

New Mexico § 71-10-6
JurisdictionNew Mexico
Ch. 71Energy and Minerals
Art. 10Electric Generating Facility Economic District

This text of New Mexico § 71-10-6 (Revenue bonds; exemption from taxation) 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. § 71-10-6 (2026).

Text

The bonds authorized by the Electric Generating Facility Economic District Act, the income from those bonds, mortgages or other security instruments executed as security for those bonds, lease agreements authorized by the Electric Generating Facility Economic District Act and revenue derived from a lease or sale by an authority are exempt from taxation by the state and its subdivisions.

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Legislative History

Laws 2020, ch. 78, § 6.

Nearby Sections

15
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Bluebook (online)
New Mexico § 71-10-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/71/71-10-6.