New Mexico Statutes

§ 72-19-98 — Securities and income therefrom exempt

New Mexico § 72-19-98
JurisdictionNew Mexico
Ch. 72Water Law
Art. 19Southern Sandoval County Flood Control

This text of New Mexico § 72-19-98 (Securities and income therefrom exempt) 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. § 72-19-98 (2026).

Text

Securities issued under the Southern Sandoval County Arroyo Flood Control Act and the income therefrom shall forever be and remain free and exempt from taxation by the state, the authority and any other public body, except transfer, inheritance and estate taxes.

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Legislative History

Laws 1990, ch. 14, § 98.

Nearby Sections

15
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Bluebook (online)
New Mexico § 72-19-98, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/72/72-19-98.