Nature of all bonds issued pursuant to act.

  1. Law
  2. New Mexico Statutes
  3. Public Finances
  4. Economic Advancement Districts
  5. Nature of all bonds issued pursuant to act.

Checkout our iOS App for a better way to browser and research.

Bonds issued pursuant to the authority of the Economic Advancement District Act:

A. shall be legal investments for savings banks and insurance companies organized under the laws of this state; and

B. shall be exempt from all taxation by the state or any political subdivision thereof.

History: Laws 1987, ch. 115, § 17.


Download our app to see the most-to-date content.