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2011 New Mexico Statutes
Chapter 21: State and Private Education Institutions
Article 7: University of New Mexico, 21-7-1 through 21-7-29
Section 21-7-25: Tax exemption of building and improvement bonds.


NM Stat § 21-7-25 (1996 through 1st Sess 50th Legis) What's This?

21-7-25. [Tax exemption of building and improvement bonds.]

Bonds issued under the provisions of this act [21-7-13, 21-7-14, 21-7-16 to 21-7-25 NMSA 1978], being for the sole purposes specified in Section 1 [21-7-13 NMSA 1978] hereof, shall forever be and remain free and exempt from taxation by this state or any subdivision thereof.

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