Occupation taxes authorized by Section 3-38-3 NMSA 1978 may be pledged for the retirement of revenue bonds issued pursuant to the Joint City-County Building Law.
§ 5-5-24 NMSA 1978
Pledging of occupation taxes
Known as the Joint City-County Building Law
The act spans §§ 5–5 (27 sections).
1953 Comp., § 6-9-23.1, enacted by Laws 1965, ch. 90, § 1.
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.