There is a newer version of the New Mexico Statutes
2015 New Mexico Statutes
Chapter 72 - Water Law
Section 4 Surveys, Investigations and Adjudication of Rights
Section 72-4-9 Water revenue bonds shall be legal investments.
NM Stat § 72-4-9 (2015) What's This?
72-4-9. [Water revenue bonds shall be legal investments.]
Water revenue bonds issued under the provisions of this 1959 act [72-4-2 through 72-4-12 NMSA 1978] shall be legal investments for savings banks and insurance companies organized under the laws of this state.
History: 1953 Comp., 75-4-1.8, enacted by Laws 1959, ch. 286, 8.
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