There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 72: Water Law
Article 20: Eastern Sandoval County Arroyo Flood Control Act, 72-20-1 through 72-20-103
Section 72-20-97: Property exempt from general taxes.
NM Stat § 72-20-97 (1996 through 1st Sess 50th Legis) What's This?
72-20-97. Property exempt from general taxes.
The authority shall not be required to pay any general (ad valorem) taxes upon any property appertaining to any project authorized in the Eastern Sandoval County Arroyo Flood Control Act and acquired within the state nor the authority's interest therein.
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