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2011 New Mexico Statutes
Chapter 4: Counties
Article 49: Bonds for Courthouses, Jails, Bridges, Hospitals and Libraries, 4-49-1 through 4-49-21
Section 4-49-18: Taxes to be paid in cash; use for specified purpose.


NM Stat § 4-49-18 (1996 through 1st Sess 50th Legis) What's This?

4-49-18. [Taxes to be paid in cash; use for specified purpose.]

All taxes for interest on and for the redemption of such bonds shall be paid only in cash, and shall be kept by the county treasurer as a special fund, to be used for the payment of interest on and for the redemption of such bonds only.

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