New Mexico Code § 7-27-19

Severance tax bonds and supplemental severance tax bonds legal investments
Open in Lexace · Ask the AI about this section
Severance tax bonds and supplemental severance tax bonds are legal investments for any person or board charged with the investment of any public funds and are acceptable as security for any deposit of public money.
History: 1953 Comp., § 72-18-43, enacted by Laws 1961, ch. 5, § 16; 1999 (1st S.S.), ch. 6, § 11.
The 1999 amendment, effective July 1, 1999, inserted "and supplemental severance tax bonds" in the catchline and near the beginning of the section.

‹ Prev All New Mexico sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.