There is a newer version of the New Mexico Statutes
2013 New Mexico Statutes
Chapter 7 - Taxation
Article 27 - Severance Tax Bonding Act
Section 7-27-5.21 - New Mexico lottery revenue bonds. (1995)
NM Stat § 7-27-5.21 (2013) What's This?
7-27-5.21. New Mexico lottery revenue bonds. (1995)
The severance tax permanent fund may be invested in revenue bonds issued by the New Mexico lottery authority pursuant to the provisions of the New Mexico Lottery Act [6-24-1 NMSA 1978]. The amount invested shall not exceed three million dollars ($3,000,000).
History: Laws 1995, ch. 155, § 36.
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