There is a newer version of the New Mexico Statutes
2009 New Mexico Statutes
Chapter 73 - Special Districts.
Article 16 - Conservancy Districts; Financial Administration
Section 73-16-35 - Bonds tax exempt; investment of state funds.
73-16-35. [Bonds tax exempt; investment of state funds.]
The bonds herein authorized shall be entitled to all the privileges of tax exemption and be eligible for the investment of state funds in like manner as provided for conservancy bonds under the provisions of Sections 507 and 508 [73-16-8, 73-16-9 NMSA 1978] of the Conservancy Act [of New Mexico].
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