New Mexico Statutes
§ 73-16-9 — Bonds, investment of state funds
All bonds issued by any district pursuant to this act 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 1927, ch. 45, § 508; C.S. 1929, § 30-508; 1941 Comp., § 77-2908; 1953
Nearby Sections
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§ 73-1-1
[Purpose of districts.]§ 73-1-15
[District court procedure; notice.]