Bonds tax exempt.

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All bonds issued by any district pursuant to this act shall be exempt from all state, county, municipal, school and other taxes imposed by any taxing authority of the state of New Mexico.

History: Laws 1927, ch. 45, § 507; C.S. 1929, § 30-507; 1941 Comp., § 77-2907; 1953 Comp., § 75-30-7.

ANNOTATIONS

Compiler's notes. — For the meaning of "this act", see compiler's notes to 73-16-2 NMSA 1978.


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