Section 3-59-11 - Bonds made legal investments.

NM Stat § 3-59-11 (2019) (N/A)
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Bonds issued under the provisions of the Pollution Control Revenue Bond Act shall be legal investments for savings banks and insurance companies organized under the laws of this state and shall be eligible for pledging as collateral for public deposits.

History: 1953 Comp., § 14-60-11, enacted by Laws 1973, ch. 397, § 11.