All building bonds shall be exempt from taxation by the state or any of its political subdivisions.
§ 6-21C-11 NMSA 1978
Building bonds tax exempt
Known as the State Building Bonding Act
The act spans §§ 6–6 (12 sections).
Laws 2001, ch. 199, § 11; 2003, ch. 371, § 10.
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.