There is created in the state treasury the "severance tax permanent fund".
§ 7-27-3 NMSA 1978
Severance tax permanent fund created
Known as the Severance Tax Bonding Act
The act spans §§ 7–7 (92 sections).
1953 Comp., § 72-18-30.1, enacted by Laws 1973, ch. 294, § 2; 1996, ch. 3, § 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.