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2018 New Mexico Statutes
Chapter 22 - Public Schools
Article 19A - Teacher Housing Revenue Bond
Section 22-19A-12 - Tax exemption; no charge against state.
Universal Citation:
NM Stat § 22-19A-12 (2018)
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22-19A-12. Tax exemption; no charge against state.
Bonds are exempt from taxation by the state or any of its political subdivisions. No obligation created pursuant to the Teacher Housing Revenue Bond Act shall be a charge against or a debt of the state or any of its political subdivisions.
History: Laws 2002, ch. 22, § 12.
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