New Mexico Statutes
§ 73-16-52 — [Bonds tax exempt; investment of state funds.]
New Mexico § 73-16-52
This text of New Mexico § 73-16-52 ([Bonds tax exempt; investment of state funds.]) 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. § 73-16-52 (2026).
Text
Bonds issued under this act [73-16-50 to 73-16-53 NMSA 1978] shall be exempt from all state, county, municipal, school and other taxes imposed by any taxing authority of the state of New Mexico, and shall be considered as such interest-bearing securities as the permanent funds of the state of New Mexico may be invested in, as provided by law.
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Legislative History
Laws 1941, ch. 108, § 3; 1941 Comp., § 77-2951; 1953 Comp., § 75-30-51.
Nearby Sections
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Bluebook (online)
New Mexico § 73-16-52, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/73/73-16-52.