There is a newer version of the New Mexico Statutes
2013 New Mexico Statutes
Chapter 7 - Taxation
Article 27 - Severance Tax Bonding Act
Section 7-27-25 - No impairment of obligation of contract. (1961)
NM Stat § 7-27-25 (2013) What's This?
7-27-25. No impairment of obligation of contract. (1961)
Nothing in this Severance Tax Bonding Act shall be construed as impairing or authorizing the impairment of the contract between the state and the holders of the outstanding Building and Institution Severance Tax Bonds, Series July 1, 1955.
History: 1953 Comp., § 72-18-49, enacted by Laws 1961, ch. 5, § 25.
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