There is a newer version of the New Mexico Statutes
2016 New Mexico Statutes
Chapter 21 - State and Private Education Institutions
Article 11 - New Mexico Institute of Mining and Technology
Section 21-11-26 - Bonds exempt from taxation.
NM Stat § 21-11-26 (2016) What's This?
21-11-26. [Bonds exempt from taxation.]
Bonds issued under the provisions of this act [21-11-15, 21-11-16, 21-11-18 to 21-11-27 NMSA 1978] shall forever be and remain free and exempt from taxation by this state or any subdivision thereof.
History: 1941 Comp., 55-2624, enacted by Laws 1947, ch. 119, 12; 1953 Comp., 73-27-26.
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