2016 New Mexico Statutes
Chapter 72 - Water Law
Article 17 - Las Cruces Metropolitan Arroyo Flood Control
Section 72-17-96 - Purpose of tax exemptions.

NM Stat § 72-17-96 (2016) What's This?

72-17-96. Purpose of tax exemptions.

The effectuation of the powers herein authorized shall and will be in all respects for the benefit of the people of the state, including but not necessarily limited to those residing in the authority exercising any power hereunder, for the improvement of their health and living conditions and for the increase of their commerce and prosperity.

History: 1953 Comp., 75-38-96, enacted by Laws 1967, ch. 156, 96.

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