N.M. Stat. § 22-19A-12

Current through 2024, ch. 69

Section 22-19A-12 - Tax exemption; no charge against state

Bonds are exempt from taxation by the state or any of its political subdivisions. No obligation created pursuant to the Teacher Housing Revenue Bond Act shall be a charge against or a debt of the state or any of its political subdivisions.

NMS § 22-19A-12

Laws 2002, ch. 22, § 12.