All athletic facility revenue bonds shall be exempt from taxation by the state or any of its political subdivisions.
§ 21-30-5 NMSA 1978
Bonds tax exempt
Known as the University Athletic Facility Funding Act
The act spans §§ 21–21 (10 sections).
Laws 2007, ch. 117, § 6.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.