The bonds issued under the authority of the New Mexico Finance Authority Act shall be legal investments in which all insurance companies, banks and savings and loan associations organized under the laws of the state, public officers and public bodies and all administrators, guardians, executors, trustees and other fiduciaries may properly and legally invest funds.
§ 6-21-19 NMSA 1978
Bonds; legal investments for public officers and fiduciaries
Known as the New Mexico Finance Authority Act
The act spans §§ 6–6 (50 sections).
Laws 1992, ch. 61, § 19.
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.