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2015 New Mexico Statutes
Chapter 4 - Counties
Section 62 Revenue Bonds
Section 4-62-3.1 Exemption from taxation.

NM Stat § 4-62-3.1 (2015) What's This?

4-62-3.1. Exemption from taxation.

The bonds authorized by Chapter 4, Article 62 NMSA 1978 and the income from the bonds or any mortgages or other instruments executed as security for the bonds shall be exempt from all taxation by the state or any political subdivision of the state.

History: Laws 2001, ch. 126, 2.

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