N.M. Stat. § 3-31-3.1

Current through 2024, ch. 69

Section 3-31-3.1 - Exemption from taxation

The bonds authorized by Chapter 3, Article 31 NMSA 1978 and the income from the bonds or any mortgages or other instruments executed as security for the bonds shall be exempt from all taxation by the state or any political subdivision of the state.

NMS § 3-31-3.1

Laws 2001, ch. 126, § 1.