New Mexico Statutes

§ 72-18-67 — Property exempt from general taxes

New Mexico § 72-18-67
JurisdictionNew Mexico
Ch. 72Water Law
Art. 18Flood Control Districts

This text of New Mexico § 72-18-67 (Property exempt from general taxes) 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. § 72-18-67 (2026).

Text

The effectuation of the powers authorized by the Flood Control District Act shall be in all respects for the benefit of the people of the state, including but not necessarily limited to those residing in any district exercising any power under that act, for the improvement of their health and living conditions and for the increase of their commerce and prosperity. Thus, no district shall be required to pay any general (ad valorem) taxes upon any property appertaining to any project authorized by the Flood Control District Act and acquired within the state, or the district's interest therein.

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Legislative History

Laws 1981, ch. 377, § 67.

Nearby Sections

15
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Bluebook (online)
New Mexico § 72-18-67, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/72/72-18-67.