Section 4-48A-26 - Revenue bonds; exemption from taxation.

NM Stat § 4-48A-26 (2019) (N/A)
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The revenue bonds issued under authority of the Special Hospital District Act and the income from said bonds, all mortgages or other security instruments executed as security for such bonds, shall be exempt from all taxation by the state or any subdivision thereof.

History: 1978 Comp., § 4-48A-26, enacted by Laws 1981, ch. 84, § 17.