2015 New Mexico Statutes
Chapter 3 - Municipalities
Section 39 Municipal Airports
Section 3-39-15 Tax exemptions.

NM Stat § 3-39-15 (2015) What's This?

3-39-15. Tax exemptions.

Bonds and their income and all mortgages or other instruments executed as security for them are exempt from all taxation by this state or any of its political subdivisions.

History: 1953 Comp., 14-40-13, enacted by Laws 1965, ch. 300.

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