All bonds issued by any district pursuant to this act shall be considered as such interest-bearing securities as the permanent funds of the state of New Mexico may be invested in as provided by law.
History: Laws 1927, ch. 45, § 508; C.S. 1929, § 30-508; 1941 Comp., § 77-2908; 1953 Comp., § 75-30-8.
ANNOTATIONSCompiler's notes. — For the meaning of "this act", see compiler's notes to 73-16-2 NMSA 1978.