There is a newer version of the New Mexico Statutes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 73-16-9 - Bonds, investment of state funds.
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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