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2011 New Mexico Statutes
Chapter 72: Water Law
Article 4: Surveys, Investigations and Adjudication of Rights, 72-4-1 through 72-4-20
Section 72-4-9: Water revenue bonds shall be legal investments.


NM Stat § 72-4-9 (1996 through 1st Sess 50th Legis) What's This?

72-4-9. [Water revenue bonds shall be legal investments.]

Water revenue bonds issued under the provisions of this 1959 act [72-4-2 to 72-4-12 NMSA 1978] shall be legal investments for savings banks and insurance companies organized under the laws of this state.

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