New Mexico Statutes
§ 72-17-101 — Legal investments in securities
New Mexico § 72-17-101
This text of New Mexico § 72-17-101 (Legal investments in securities) 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. § 72-17-101 (2026).
Text
It shall be legal for the state and any of its agencies, departments, instrumentalities, corporations, or political subdivisions, or any political or public corporation, any bank, trust company, banker, savings bank or institution, any building and loan association, savings and loan association, investment company and any other person carrying on a banking or investment business, any insurance company, insurance association, or any other person carrying on an insurance business and any executor, administrator, curator, trustee or any other fiduciary, to invest funds or moneys in their custody in any of the securities authorized to be issued pursuant to the provisions hereof. Such securities shall be authorized security for all public deposits. Nothing contained in this section with regard
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Legislative History
1953 Comp., § 75-38-101, enacted by Laws 1967, ch. 156, § 101.
Nearby Sections
15
§ 72-1-1
Natural waters; public§ 72-1-12
Indian water rights settlement fund§ 72-1-2.5
Pecos river basin land management fund§ 72-1-6
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Bluebook (online)
New Mexico § 72-17-101, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/72/72-17-101.