N.M. Stat. § 7-27-5.21
Current through 2024, ch. 69
The severance tax permanent fund may be invested in revenue bonds issued by the New Mexico lottery authority pursuant to the provisions of the New Mexico Lottery Act [Chapter 6, Article 24 NMSA 1978]. The amount invested shall not exceed three million dollars ($3,000,000).
NMS § 7-27-5.21