2011 New Mexico Statutes
Chapter 7: Taxation
Article 27: Severance Tax Bonding Act, 7-27-1 through 7-27-48
Section 7-27-9: Bonds to be known as severance tax bonds and supplemental severance tax bonds.
7-27-9. Bonds to be known as severance tax bonds and supplemental severance tax bonds.
A. Prior to July 1, 1999, all bonds issued wherein the money in the severance tax bonding fund is pledged for their retirement shall be known as "New Mexico severance tax bonds".
B. After July 1, 1999, there shall be two categories of bonds issued by the state board of finance wherein the money in the severance tax bonding fund is pledged for their retirement. Those bonds shall be known as "New Mexico severance tax bonds" and as "New Mexico supplemental severance tax bonds".
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
