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2015 New Mexico Statutes
Chapter 3 - Municipalities
Section 51 Greater Municipality Parking
Section 3-51-42 Bonds; exemption from taxation.

NM Stat § 3-51-42 (2015) What's This?

3-51-42. Bonds; exemption from taxation.

Bonds and other evidences of indebtedness issued under the provisions of the Greater Municipality Parking Law shall forever be and remain free and exempt from taxation by this state or any subdivision thereof.

History: 1953 Comp., 14-52-38, enacted by Laws 1965, ch. 300.

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