There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 3: Municipalities
Article 39: Municipal Airports, 3-39-1 through 3-39-27
Section 3-39-14: Legal investments.
Universal Citation:
NM Stat § 3-39-14 (1996 through 1st Sess 50th Legis)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
3-39-14. Legal investments.
Bonds are legal investments for savings banks and insurance companies under the laws of this state. They are bonds, notes or other obligations of a municipal subdivision of this state, issued pursuant to a law of this state, for the purposes of investment or purchase by the state investment officer.
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