Section 72-16-97 - Property exempt from general taxes.

NM Stat § 72-16-97 (2019) (N/A)
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Thus, the authority shall not be required to pay any general (ad valorem) taxes upon any property appertaining to any project herein authorized and acquired within the state, nor the authority's interest therein.

History: 1953 Comp., § 75-36-97, enacted by Laws 1963, ch. 311, § 97.